Question: Applying Time Value Factor A factory costs $942,350. You forecast that it will produce cash inflows of $475,255 in year 1,$195,000 in year 2 ,
Applying Time Value Factor A factory costs $942,350. You forecast that it will produce cash inflows of $475,255 in year 1,$195,000 in year 2 , and $330,000 in year 3 . The discount rate is 13.00%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Should the company invest in the factor
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