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The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,256,000 2 $1,362,000 3 $2,418,000
The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,256,000 2 $1,362,000 3 $2,418,000 4 $1,164,000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 A. $(640,756) B. $592,360 C. $(594,941) OD. $618,409
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
