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Business, 10.11.2019 09:31 LUCASEDIE7430

Suppose a venture's first cash flow is expected in year 5, and the cash flow is expected to be 464,455. a comparable firm has earnings of 25,851,200 and a market cap of 511,423,042. assuming a discount rate of 16%, find the present value (at year 0) of the firm in dollars.

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