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A factory costs $330,000. You forecast that it will produce cash inflows of $105,000 in year 1,$165,000 in year 2 , and $270,000 in year
A factory costs $330,000. You forecast that it will produce cash inflows of $105,000 in year 1,$165,000 in year 2 , and $270,000 in year 3. The discount rate is 11%. a. What is the value of the factory? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. Is the factory a good investment
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