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Garcia Company is considering a $377,000 Investment with the following net cash flows. Garcia requires a 10% return on its investments. The present value of

Garcia Company is considering a $377,000 Investment with the following net cash flows. Garcia requires a 10% return on its investments. The present value of this investment is Annual Net Cash Present Value of $1 at Initial investment Year 1 Year 2 Year 3 Year 4 Year 5 Flows 10% 1.0000 $ 137,000 0.9091 97,000 0.8264 157,000 0.7513 267,000 0.6830 87,000 0.6209

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