Canning Machine This fails to factor in the time value of money. This does not value current money more than future money. Correct! What is the value of Year 3 cash flow discounted to the present? Monster Beverage is considering purchasing a new canning machine. This machine costs $3,500,000 up front. Required return -11.9% Year Cash Flow I Josi e $-3,500,000 $945,429.15 1 $1,000,000 2 $1,288,888 Make sure you are using the correct rate of return and number of years. 3 $1,300,000 4 What is the value of Year 3 cash flow discounted to the present? 5 $900,000 $1,000,000 Emer a response then click Submit below Submit D a 0 D