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The Cambro Foundation, a nonprofit organization, is planning to invest $162,687 in a project that will last for three years. The project will produce net
The Cambro Foundation, a nonprofit organization, is planning to invest $162,687 in a project that will last for three years. The project will produce net cash inflows as follows: Year' 1 $ 66,999 Year' 2 $ 73,999 Year 3 ? Click here to view Exhibit 781 and Exhibit 782, to determine the appropriate discount factor(s) using table. Required: Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3
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