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Myca Corporation has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of
Myca Corporation has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of 8.5 percent?
| Year | Cash Flow |
|---|---|
| 1 | $ 1,520 |
| 2 | 1,850 |
| 3 | 2,115 |
| 4 | 2,125 |
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Financial Management For Decision Makers
Authors: Peter Atrill
8th Edition
129213433X, 978-1292134338
