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A firm is considering a project that will produce cash inflows of $46,000 in year one, $65,800 in year two, and $78,900 in year three.

A firm is considering a project that will produce cash inflows of $46,000 in year one, $65,800 in year two, and $78,900 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 8%?

A. $146,713.3

B. $152,951.8

C. $161,638.9

D. $132,787.4

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