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Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of
Chamberlain Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects.
Year | Cash Flow | |||||||||||||||
0 | $ | 15,500 | ||||||||||||||
1 | 6,600 | |||||||||||||||
2 | 7,800 | |||||||||||||||
3 | 7,400 | |||||||||||||||
4 | 6,200 | |||||||||||||||
5 | 3,600 | |||||||||||||||
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