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. Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1and 2, $24,000 in Year 3,

. Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1and 2, $24,000 in Year 3, and outflow of $36,000 in Year 4. What is the present value of these cash inflows at a discount rate of 8%?

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