Question: Tomato Inc. has a Ketchup project that has a initial investment of $1,000,000, The estimated life of the project is 5 years. The market rate
Tomato Inc. has a Ketchup project that has a initial investment of $1,000,000, The estimated life of the project is 5 years. The market rate of return is 5% Year Annual Profits 12345150,000270,000330,000310,000290,000 What is the present value of the 5 cash inflows of this project? $1,100,000 $900,000 $900,000 $1,100,000
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