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A company is considering investing in a project that is expected to return $370,000 three years from now. How much is the company willing to

A company is considering investing in a project that is expected to return $370,000 three years from now. How much is the company willing to pay for this investment if the company requires a 10% return? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

  • $370,000

  • $193,237

  • $321,320

  • $277,981

  • $111,162

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