Dr. Victor Frankenstein has been developing a new operation table for advanced surgery. This new...
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Dr. Victor Frankenstein has been developing a new operation table for advanced surgery. This new table will be available to sell to the market in the near future. He expects the first annual cash flow from the technology to be $295,000 received four years from today. Subsequent annual cash flows will grow at 1.75% p.a. forever. If an appropriate discount rate is 10% p.a. compounded semi- annually, what is the value today of this new operation table? O $2,569,324.53 O $2,601,248.68 O $2,698,356.87 O $2,458,391.15 O $2,589,806.38
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