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Lipper Group has a project opportunity that requires $450 initial investment (cash outflows) today and this project is expected to generate cash inflows of $150
Lipper Group has a project opportunity that requires $450 initial investment (cash outflows) today and this project is expected to generate cash inflows of $150 in year 1, $175 in year 2, $X in year 3, and $225 in year 4. If the project rate of return is 10%, calculate the project cash inflow in year 3 (calculate what is $X)?
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