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The Caulkins Co. is considering a project that will produce cash inflows of $36,000 in year one, $54,800 in year two, and $72,900 in year

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The Caulkins Co. is considering a project that will produce cash inflows of $36,000 in year one, $54,800 in year two, and $72,900 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 14 percent

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