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Aerospace Dynamics will invest $ 2 1 0 , 0 0 0 in a project that will produce the following cash flows. The cost of

Aerospace Dynamics will invest $210,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth years cash flow is negative.) Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year Cash Flow 1 $ 69,000284,000373,0004(84,000)5155,000

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