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A project promises cash flows of $ 3 , 0 0 0 each at the end of each year. The company s discount rate is

A project promises cash flows of $3,000 each at the
end of each year. The companys discount rate is 7%.
1. What is the present value of the future cash flows if
the project will generate cash flows for 3 years?
2. What is the present value of the future cash flows if
the project will generate cash flows for 10 years?
8

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