A project is expected to produce a cash flow of $10,000 next year. This is expected to grow at a rate of 25% for the following two years before slowing down to an estimated eternal growth
Rate of 5% a year. If you require a 15% return on this project, what is the maximum amount
You should be willing to invest in it? Round your answer to the nearest dollar.

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The Answer of A project is expected to produce a cash flow of $10,000 next year. This is expected to grow at a rate of 25% for the following two years before slowing down to an estimated eternal growth
Rate of 5% a year. If you require a 15% return on this project, what is the maximum amount
You should be willing to invest in it? Round your answer to the nearest dollar.

A Project Is Expected to Produce a Cash Flow of $10,000