cadenbukvich5052 cadenbukvich5052
  • 25-05-2023
  • Business
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Suppose a condo generates $17,000 in cash flows in the first year. If the cash flows grow at 1% per year, the interest rate is 8%, and the building will be sold at the end of 23 years with a value of $65,000, what is the present value of the condo's cash flow?

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