Question: When computing net present value of the following project, how would the present value of the cash flow in year 1 be computed, assuming a
When computing net present value of the following project, how would the present value of the cash flow in year 1 be computed, assuming a discount rate of 12%?
| Year | Cash Flow |
| 1 | $300 |
| 2 | $500 |
| 3 | $800 |
| 4 | $1,100 |
| 5 | $1,500 |
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