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EXERCISE 8-12 Uncertan Cash Flows (LO 8-4) The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for
EXERCISE 8-12 Uncertan Cash Flows (LO 8-4) The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows: Year 1. Year 2 Year 3 $30,000 $40,000 Required: Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3
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