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The predicted cash flow for next year by Goodrade Enterprises will be $3.89 Million. The cash flows are anticipated to m

Posted: Wed May 18, 2022 10:41 pm
by answerhappygod
The predicted cash flow for next year by Goodrade Enterprises
will be $3.89 Million. The cash flows are anticipated to maintain a
growth rate of 7.25% forever. If the required return is 10%, what
is the present value of the cash flows? Round your answer to two
decimal places in percentage form.