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Swifty Co. is planning on investing in a new 2-year project, Project Jelly. Project Jelly is expected to produce cash flows of $10800 and
Swifty Co. is planning on investing in a new 2-year project, Project Jelly. Project Jelly is expected to produce cash flows of $10800 and $124000 in year 1 and year 2, respectively. Swifty requires an internal rate of return of 16%. What is the maximum amount th Swifty should invest immediately in Project Jelly? Present Value of 1 Future Value of 1 Period 16% Period 16% 0.862 1 1.160 2 0.743 2 1.346 O $199984 O $292184 $232000 O $185228
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