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Betty just signed a contract that will provide her firm with cash inflows of $54,000 today, $88,000 at the end of year 2, and $122,000
Betty just signed a contract that will provide her firm with cash inflows of $54,000 today, $88,000 at the end of year 2, and $122,000 at the end of year 4. What is the present value of the contract at a discount rate of 8%? Enter your answer as a number rounded to 2 decimal places. (An answer of $100.125 would be entered as 100.13)
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