Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mark weinstein has been working on an advanced tec

Mark Weinstein has been working on an advanced technology in laser eye surgery. His technology...

90.2K

Verified Solution

Question

Accounting

Mark Weinstein has been working on an advanced technology in laser eye surgery. His technology will be available in the near term. He anticipates his first annual cash flow from the technology to be $206,000, received two years from today. Subsequent annual cash flows will grow at 5 percent in perpetuity.

What is the PV of the technology if the discount rate is 12 percent? (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit $ sign in your response.)

Present value of the technology $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

For each of the following hypothetical situations identify which type of muscle tissue would be most...

Physics
1.2K views

A hollow aluminum cylinder 24.5 cm deep has an internal capacity of 2.000 L at 17.0°C....

Psychology
1.2K views

how have rates of crime and imprisonment in the usa changed over the course of the last...

General Management
1.2K views

Your project to obtain charitable donations is now 38 days into a planned 48-day project. The...

Calculus
1.2K views

x 0 15x 0 025xy y 0 25y 0 025xy a Find the critical point...

Algebra
1.2K views

Graph the function using the slope and intercept.f(x) = 1/3 x + 2The slope isThe...

Algebra
1.2K views

Given that f x 4x 4 and g x x 3x 6 find gof 3...

Algebra
1.2K views

Use the system of equations below to answer the following questions 2x 3y 15 2...

Algebra
1.2K views

36x 25 X

Accounting
1.2K views

***Please use account labels and amount descriptions as listed*** Wolsey Industries Inc. expects...

Accounting
1.2K views

determine the impact that the auditors report has on a companys ability to obtain financing...

Accounting
1.2K views

8. (15 points) According to the same survey data, we have developed a multinomial logit...