Your firm wishes to purchase a financial contract that provides equal end-of-the-year cash flows of $18,000 per year for the next seven years.What is the present value of these cash flows if you choose to discount them at a rate of 8% per year?

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The Answer of Your firm wishes to purchase a financial contract that provides equal end-of-the-year cash flows of $18,000 per year for the next seven years.What is the present value of these cash flows if you choose to discount them at a rate of 8% per year?

Your Firm Wishes to Purchase a Financial Contract That Provides