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A factory costs $400,000. You forecast that it will produce cash inflows of $120,000 in year 1,$180,000 in year 2 , and $300,000 in year

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A factory costs $400,000. You forecast that it will produce cash inflows of $120,000 in year 1,$180,000 in year 2 , and $300,000 in year 3 . The discount rate is 12%. a. What is the value of the factory? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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