What is the cash flow produced by laundromat in three years

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Cara owns a(n) laundromat that is worth 99,598 dollars and is expected to make annual cash flows forever. The cost of capital for the laundromat is 17.89 percent. The next annual cash flow is expected in one year from today and all subsequent cash flows are expected to grow annually by 1.23 percent. What is the cash flow produced by the laundromat in 3 years from today expected to be?

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Reference no: EM131963106

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