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Exercise 13-12 Uncertain Cash Flows [LO13-4] The Cambro Foundation, a nonprofit organization, is planning to invest $152,837 in a project that will last for three
Exercise 13-12 Uncertain Cash Flows [LO13-4] The Cambro Foundation, a nonprofit organization, is planning to invest $152,837 in a project that will last for three years. The project will produce net cash inflows as follows: Year 1 Year 2 Year 3 $59,000 $65,000 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. Required: Assuming that the project will yield exactly a 9% rate of return, what is the expected net cash inflow for Year 3? et cash inflow
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