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Figgs Inc. invests in a project that will give the company $10,000 on January 1, 2014, $23,000 on May 8, 2014, $33,000 on October 21,
Figgs Inc. invests in a project that will give the company $10,000 on January 1, 2014, $23,000 on May 8, 2014, $33,000 on October 21, 2014, $42,000 on May 8, 2015 and $55,000 on October 21, 2015. If the discount rate is 5%, what is the present value of the project? A. $153,347.25 B. $151,615.14 OC. $158,329.23 D. $154,041.10 QUESTION 10 Fitch Inc. will invest in a project. The project will give the company $10,000 on January 1, 2014, $23,200 on May 8, 2014, $32,000 on September 21, 2014, $42,000 on May 18, 2015 and $55,000 on October 21, 2015. If the discount rate is 5%, what the present value of the project? OA. $153,347.25 B. $151,615.13 OC. $158,329.23 OD. $154,041.00
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