You Estimate That the Little Drive-Through Coffee Kiosk You Own

question 36

Multiple Choice

You estimate that the little drive-through coffee kiosk you own will generate ordinary annuity after-tax cash flows of $150,000 per year for the next ten years.If you discount these cash flows at an annual rate of 14%,what is the present value of your expected cash flows?

• A)$782,417.35
• B)$891,955.78
• C)$1,500,000.00
• D)$2,900,594.27

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South Africans

The people hailing from or living in South Africa, a country located at the southern tip of the African continent.

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Pertaining to or appearing to have height, width, and depth, thereby giving the impression of physical volume or space.

Kpelle

A Liberian ethnic group, or the language spoken by this group, known for its unique cultural practices and linguistic structures.

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