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Garcia Company is considering a $375,000 investment with the following net cash flows. Garcia requires a 11% return on its investments. The present value of
Garcia Company is considering a $375,000 investment with the following net cash flows. Garcia requires a 11% return on its investments. The present value of this investment is: Annual Net Cash Flows Present Value of $1 at 11% Initial investment 1.0000 Year 1 $ 135,000 0.9009 Year 2 95,000 0.8116 Year 3 155,000 0.7312 Year 4 265,000 0.6587 Year 5 85,000 0.5935
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Performance Auditing Of Public Sector Property Contracts
Authors: Lori Keating
1st Edition
0566089998, 978-0566089992
