Question
You are considering investing now in a project that has the following stream of future cash flows: Year 1 2 3 4 5 Cash
You are considering investing now in a project that has the following stream of future cash flows: Year 1 2 3 4 5 Cash Flow $20,000 $25,000 $33,000 $47,000 $66,000 What is the maximum amount you would be prepared to invest in this project at a 9% rate of return?
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