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Assume that an investment provides the following cash inflows over a three-year period: Year 1 Year 2 $ 3,000 5,000 Year Total 3 7,000
Assume that an investment provides the following cash inflows over a three-year period: Year 1 Year 2 $ 3,000 5,000 Year Total 3 7,000 $ 15,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. Assuming a discount rate of 13%, what is the present value of these cash inflows? Multiple Choice $11,421 $10,621 $9,721 $11,021
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