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Reiter Inc. is considering investing in a piece of equipment that could generate the following expected cash flows: Year 1 : $ 5 0 0

Reiter Inc. is considering investing in a piece of equipment that could generate the following expected cash flows:
Year 1: $50000
Year 2: $40000
Year 3: $30000
Year 4: $20000
Year 5: $10000
What is the maximum price Reiter should consider based on the future cash flows assuming a discount rate of 15%?
$100568.00
$109857.10
$204913.70
$150000.00
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