Question: Applying Time Value Factor A factory costs $862,190. You forecast that it will produce cash inflows of $382,910 in year 1, $245,000 in year 2,

 Applying Time Value Factor A factory costs $862,190. You forecast that

Applying Time Value Factor A factory costs $862,190. You forecast that it will produce cash inflows of $382,910 in year 1, $245,000 in year 2, and $320,000 in year 3. The discount rate is 10.00%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b. Should the company invest in the factor? The firm should invest

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