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You are considering a project with the following cash flows: Year 1: $5,600 Year 2: $9,000 Year 3: $2,000 What is the present value

 

You are considering a project with the following cash flows: Year 1: $5,600 Year 2: $9,000 Year 3: $2,000 What is the present value of these cash flows, given an 11 percent discount rate?

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