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Referencing Styles : Harvard | Pages : 74
Question 1 (40 marks) – all teams to attempt A financial consulting firm wishes to purchase a subscription to XFINEX financial news service for the next six years. A one-year subscription costs $15,000, a two-year subscription costs $26,000, a three-year subscription costs $ 37,000 and a six year subscription costs $50,000. The service begins on the day that that the subscription is paid. The discount rate that reflects the firm’s opportunity cost of capital is j1=18% p.a.   ...

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