Question 16 0/2 pts You expect project cash flows to start two years from today...
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Question 16 0/2 pts You expect project cash flows to start two years from today at $400. You expect these cash flows to grow at 5% per year until time ten (i.e., they grow from time 2 until time 10). After time 10 the cash flows are constant forever. What is the terminal value at time 10 is the discount rate is 8%? $6,982 T $7,387 $8,213 $6,689
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