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Question
use the following table,
a company has a minimum required rate of return of 10% and is considering investing in a project that requires an investment of $99,000 and is expected to generate cash inflows of $42,000 at the end of each year for three years. the present value of future cash inflows for this project is
a.$99,000
b.$104,454
c.$114,898
d.$5,454
Answer
This answer is hidden. It contains 34 characters.
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