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Hsieh LLC is considering a new project. The initial cash outflows are $8,000. The Company believes the project will yield cash inflows of $1,632 in
Hsieh LLC is considering a new project. The initial cash outflows are $8,000. The Company believes the project will yield cash inflows of $1,632 in year 1, $1,632 in year 2, $3,264 in year 3, and $4,352 in year 4. Assuming an annual discount rate of 10%, calculate the present value of future cash flows for the project
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