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Linda wants to use the 241300 proceeds 163000 20000 58300

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Linda wants to use the $241,300 proceeds ($163,000 + $20,000 + $58,300 = $241,300) from sale of the securities to open a retail store under a 12-year franchise contract. What annual net cash inflow must the store generate for Linda to earn a 16% return over the 12-year period?

Reference no: EM13599000

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