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Poul Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $11.700 per year for 3 years. Assuming that

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Poul Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $11.700 per year for 3 years. Assuming that the required rate of return is 7%, what is the present value of these cash inflows? (Py of S1 and PVA of S1) (Use appropriate factor(s) from the tables provided. Do not round PV factors and intermediate calculations. Round your final answer to the nearest dollar) Multiple Choice $32,804 $28,652 $30,658 $30,704

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