Soo Ling wants to start a business that she believes can produce cash flows of...
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Soo Ling wants to start a business that she believes can produce cash flows of RM5,600, RM48,200, and RM125,000 at the end of each of the next three years, respectively. At the end of three years, she thinks she can sell the business for RM250,000. At a discount rate of 16 percent, what is her business worth today?
A. RM280,894.67 B. RM314,011.33 C. RM297,077.17 D. RM325,837.81
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