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CEPR records the following cash flows at the end of each year for a project. If the firm's discount rate is 11%, what is the
CEPR records the following cash flows at the end of each year for a project. If the firm's discount rate is 11%, what is the value of the project at the end of the last year?
| Year | Cash flow |
| 1 | $894,633 |
| 2 | $542,149 |
| 3 | $836,200 |
| 4 | $706,080 |
| 5 | $520,354 |
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Financing Large Projects Using Project Finance Techniques And Practices
Authors: Fouzul Khan, Robert Parra
1st Edition
9780131016347
