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Assume that a company is planning to invest $150,000 in a project that will last three years. The project will produce the following net cash
Assume that a company is planning to invest $150,000 in a project that will last three years. The project will produce the following net cash inflows: Year 1 $ 55,000 Year 2 $ 75,000 Year 3 $ ? Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Assuming the projects internal rate of return is exactly 13%, the expected net cash inflow for year 3 is closest to:
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