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You own an oil well that will pay you $35,000 per year for9years, with the first payment being made ...

nevermind11111

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You own an oil well that will pay you $35,000 per year for9years, with the first payment being made ...

You own an oil well that will pay you $35,000 per year for9years, with the first payment being made today. If you think a fair return on the well is 8.8%, how much should you ask for if you decide to sell it?

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$229,893

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$230,167

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$224,250

▸

$235,463

Textbook

Financial Management: Theory and Practice

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

Read 36 times

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nguyenphuc1990

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nevermind11111 Author

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Thanks for your help!!

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