Business, 26.10.2020 17:10 kordejah348

Ferox Engineering Company intends to sign a contract obligating it to provide bridge inspection services for five years. In return, Ferox will receive $5,000 initially and $10,000 at the end of each of the five years of service. Ferox uses a 12% Discount rate. If the annual inflation rate will be 4%, what is the inflation-adjusted present value of the contract

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Ferox Engineering Company intends to sign a contract obligating it to provide bridge inspection serv...