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What is the present value of the cash flow stream

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Question - You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into its systems and is offering to pay you $453,000 today, plus $453,000 at the end of each of the following six years, for permission to. If the appropriate interest rate is 7 percent, what is the present value of the cash flow stream that the company is offering you?

Reference no: EM132550220

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