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Sea Masters Co. has identified an investment project with the following cash flows for the next 5 years. If the discount rate is 4.6 percent,
Sea Masters Co. has identified an investment project with the following cash flows for the next 5 years. If the discount rate is 4.6 percent, the present value of these cash flows is $__________. Round it to two decimal places without the $ sign, e.g., 23456.34
Year Cash Flows 1 $21,000 2 33,000 3 52,000 4 48,000 5 80,000
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