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A factory costs $440,000. You forecast that it will produce cash inflows of $140,000 in year 1, $200,000 in year 2, and $340,000 in year

A factory costs $440,000. You forecast that it will produce cash inflows of $140,000 in year 1, $200,000 in year 2, and $340,000 in year 3. The discount rate is 11%.

a.What is the value of the factory?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

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