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Business, 15.07.2020 03:01 tajonae04

Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $2,500 at the end of each of the next four years and a lump sum receipt of $4,000 at the end of the fifth year. The total present value of these payments if interest is at 9% is:. Choose the closest answer.

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Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipt...
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