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Cash flows from a new factory are expected to be $3,000,000 per year every year for the next ten (10) years. If investors use 6.25%
Cash flows from a new factory are expected to be $3,000,000 per year every year for the next ten (10) years. If investors use 6.25% as the discount rate, calculate the present value of this annuity 21,821,072.5121,600,252.0021,583,212.0021,471,532.22 Question 17 (1 point) Parker Corporation is planning to break ground on a new factory. The factory will require an initial cash outlay of $5,000,000 which will be due in September 2026 (five years). How much will Parker need to deposit, or set aside every quarter, for the next five years (twenty quarters), in an account that earns 9.35% in order to have the funds available for this outlay ($5,000,000) 190,136.22194,303.22195,958.04198,958.04
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