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The Cambro Foundation, a nonprofit organization, is planning to invest $238,296 in a project that will last for three years. The project will produce net
The Cambro Foundation, a nonprofit organization, is planning to invest $238,296 in a project that will last for three years. The project will produce net cash inflows as follows: Click here to view and to determine the appropriate discount factor(s) using table. Required: Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3 ? EXHIBIT 12B-1 Present Value of $1;(1+r)n1 EXHIBIT 12B-2 Present Value of an Annuity of $1 in Arrears; 1/r(1(1/(1+r)n))
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