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Anderson Company must evaluate two capital expenditure proposals. Anderson's hurdle rate is 12%. Data for the two proposals follow. required investment: proposal y- $120,000 after
Anderson Company must evaluate two capital expenditure proposals. Anderson's hurdle rate is 12%. Data for the two proposals follow.
required investment:
proposal y- $120,000 after tax cash inflows at end of years 3, 6, 9 and 12 - $72,000 life of project - 12 years
PV of future cash flow formula please, step by step so I can write this down?
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