Your aunt owns a business that will provide cash flows of $10,000 each year for the next 3 years. If the appropriate discount rate is 10%, what is the present value of the business? What is the minimum price your aunt should accept for the business?

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The Answer of Your aunt owns a business that will provide cash flows of $10,000 each year for the next 3 years. If the appropriate discount rate is 10%, what is the present value of the business? What is the minimum price your aunt should accept for the business?

Your Aunt Owns a Business That Will Provide Cash Flows