Question: Project ABC is under consideration. Annual cash flows at the end of each year equal $50,000 per year for five years. During the first three

Project ABC is under consideration. Annual cash flows at the end of each year equal $50,000 per year for five years. During the first three years, the required rate of return is 2%. The required rate of return for cash flows in the final two years is 10%. What is the present value of cash inflows?

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