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Long Horn Medical Services is considering an investment of $100,000. Assume the discount rate is 18%. Data related to cash inflows are as follows: Year
Long Horn Medical Services is considering an investment of $100,000. Assume the discount rate is 18%. Data related to cash inflows are as follows:
Year | Cash Inflows |
1 | $50,000 |
2 | 46,000 |
3 | 60,000 |
4 | 80,000 |
5 | 50,000 |
Using a spreadsheet or financial calculator, determine the net present value for the investment. The investment's net present value is:
Select one:
A. $ 62,920
B. $186,000
C. $114,237
D. $ 75,046
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