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Business, 17.04.2020 04:56 michaelchavez6959127
The revenue for a new product that will stay in market for five years is projected at $45,000 in year 1, and the revenue is expected to reduce by $5,000 per year. What is the present value of the projected revenue stream if the interest rate is 8% per year compounded annually?
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The revenue for a new product that will stay in market for five years is projected at $45,000 in yea...
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