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Applying Time Value Factor A factory costs $ 6 0 2 , 0 3 5 . You forecast that it will produce cash inflows of

Applying Time Value Factor
A factory costs $602,035. You forecast that it will produce cash inflows of $430,009 in year 1, $125,000 in year 2, and $350,000 in year 3. The discount rate is 13.00%.
a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Present value $

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