Question: A company is considering a project that will require an immediate outlay of $32 000 and $32 000 outlays for the next two years. At

A company is considering a project that will require an immediate outlay of $32 000 and $32 000 outlays for the next two years. At the end of the project, the company expects to salvage the physical assets for $67 000. The project is estimated to yield net returns of $57 000 in Year 4, $37 000 in Year 6, and $7 000 for each of the following 6 years. The required rate of return is 11.4%. What is the value for CFo? Select one: a. CFO = $67 000 b. CFO - $57000 C. CFO = . $74 000 d. CFO = - $32 000
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