Machine Co. has identified an investment project with the following cash flows. If the discount rate is
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Machine Co. has identified an investment project with the following cash flows. If the discount rate is 5 percent, what is the present value of these cash flows? What is the present value at 13 percent? At 18 percent?
Year .......Cash Flow
1 ...................$ 655
2 ......................945
3 ...................1,960
4 ...................2,380
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Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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