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A factory costs $560,190. You forecast that it will produce cash inflows of $213,992 in year 1, $215,000 in year 2, and $320,000 in year
A factory costs $560,190. You forecast that it will produce cash inflows of $213,992 in year 1, $215,000 in year 2, and $320,000 in year 3. The discount rate is 18.50%.
a.Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Present value$
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Capital Failure Rebuilding Trust In Financial Services
Authors: Nicholas Morris , David Vines
1st Edition
0198712227,019102077X
