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Bumbo Corporation estimates that it will have the following future cash inflows over the next three years: 20x3-$18,000; 20x4-$19,000; and 20x5-$20,000. If the discount rate

Bumbo Corporation estimates that it will have the following future cash inflows over the next three years: 20x3-$18,000; 20x4-$19,000; and 20x5-$20,000. If the discount rate is 6%, what is the present value of the future cash inflows?

a. 57331 b. 51342 c. 50683 d. 53561

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