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A factory costs $570,090. You forecast that it will produce cash inflows of $358,404 in year 1, $245,000 in year 2, and $150,000 in year
| A factory costs $570,090. You forecast that it will produce cash inflows of $358,404 in year 1, $245,000 in year 2, and $150,000 in year 3. The discount rate is 13.00%. |
| 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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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
