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A secret project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. What is the present value
A secret project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. What is the present value of this uneven cash flow stream if the opportunity cost of capital, or discount rate is 14.25 %? $86,816.04 $87,808.17 $83, 132.48 $83,119.19 $81,949.43
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