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Incorrect Question 9 0/1 pts Suppose a firm is evaluating a potential investment that requires an initial cash outlay of $39,600, and the firm expects

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Incorrect Question 9 0/1 pts Suppose a firm is evaluating a potential investment that requires an initial cash outlay of $39,600, and the firm expects that it will generate future cash flows of $10,000 per year for the next five years. According to the time value of money, the present value of the cash flows must be equal net present value of the future cash flows must be $39,600 present value of the cash flow at the end of the first year will be greater than the present values of cash flows in later years present value of the cash flow in the fifth year must be greater than the present value of the cash flow in the fourth year net present value of the future cash flows is $50,000

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