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Business, 25.06.2019 06:30 deandrathomas34

Last year, a barber shop generated $100,000 in profit. assume that the shop's profits grow at 5% per year and that cash flows are discounted at 10% per year. if profits are received at the end of each year, what is the present value of all the shop's future profits?

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Last year, a barber shop generated $100,000 in profit. assume that the shop's profits grow at 5% per...
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