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A company has identified an investment project with the following cash flows, Cash Flows Year 900 1 600 2 1,100 3 1,480 4 If the
A company has identified an investment project with the following cash flows,
Cash Flows | Year |
900 | 1 |
600 | 2 |
1,100 | 3 |
1,480 | 4 |
If the required rate of return is 10% compounded annually, what is the present value of these cash flows? (4 marks)
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