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Please use the following table to answer subsequent questions. Assume 7% cost of capital for both projects. (Numbers in parenthesis means outflow). Year Cash flow
Please use the following table to answer subsequent questions. Assume 7% cost of capital for both projects. (Numbers in parenthesis means outflow). Year Cash flow for Project X Cash flow for Project Y 0 ($32,000) ($32,000) 1 23,000 33,000 2 44,000 (44,000) 3 (27,000) 52,000 What are the present values of outflows for project Y? Please report absolute value with 2 decimal places, NO $ sign or comma please
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