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At the end of each of the next four years, a new machine is expected to generate net cash flows of $10,000,$16,000,$13,500, and $18,500, respectively.
At the end of each of the next four years, a new machine is expected to generate net cash flows of $10,000,$16,000,$13,500, and $18,500, respectively. What are the cash flows worth today if a 9% interest rate properly reflects the time value of money in this situation? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1. FVA of $1, and PVA of $1 ). Multiple Choice $47,372 $46,172 $33,066 $58,000
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