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Your project has expected cash inflows of $ 1 . 2 million in year 1 , $ 2 million in year 2 , and $

Your project has expected cash inflows of $1.2 million in year 1, $2 million in year 2, and $4.4 million in year 3, for a total of $7.6 million in today's dollars. Which technique was used to determine this? Each correct answer represents a complete solution. Choose two.
A. This is the formula for NPV.
B. The returns are calculated by year and the total return for each project should be used for comparison.
C. This is the formula for discounted cash flows.
D. This is the formula for ROI.
E. You'll need to annualize the returns since each project has a different time period.

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