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A factory costs $589,860. You forecast that it will produce cash inflows of $233,946 in year 1, $175,000 in year 2, and $190,000 in year

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A factory costs $589,860. You forecast that it will produce cash inflows of $233,946 in year 1, $175,000 in year 2, and $190,000 in year 3. The discount rate is 7.50%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b. Should the company invest in the factor? (Click to select)

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