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A project with an initial outlay of $5753 has a required rate of return of 10.8% and NPV of $711. Given the cash flows in
A project with an initial outlay of $5753 has a required rate of return of 10.8% and NPV of $711. Given the cash flows in the table below, find the cash flow in Year 2, to the nearest dollar.
| Year | Cash Flow |
|---|---|
| 1 | $1124 |
| 2 | CF2 = ??? |
| 3 | $1682 |
| 4 | $2137 |
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International Financial Management
Authors: Cheol Eun
9th Edition
1260788865, 9781260788860
