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A factory costs $400,000. You forecast that it will produce cash inflows of $115,000 in year 1, $175,000 in year 2, and $290,000 in year

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A factory costs $400,000. You forecast that it will produce cash inflows of $115,000 in year 1, $175,000 in year 2, and $290,000 in year 3. The discount rate is 10%. a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Value of the factory $467,05484 *

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