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Calvins annual cash inflows are expected to be $32,000 for the next 8 years. Assuming a discount rate of 10%, the present value of cash
Calvins annual cash inflows are expected to be $32,000 for the next 8 years. Assuming a discount rate of 10%, the present value of cash flows for Calvin is
A : $16,421.
B : $14,928.
C : $170,718.
D : $214,723.
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