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show all work 2. (35) An 12 year project requires an investment of $300k. For the first four years, the project generates $30,000 in profits
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2. (35) An 12 year project requires an investment of $300k. For the first four years, the project generates $30,000 in profits each year. In years 5-8 it generates $50k per year. In years 9 12 it generates $20,000 per year. Find the present value of this project if i = 10%. Hint: Use discounting factors like (P/A,i, N), and draw the cash flowStep by Step Solution
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