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Question 1:

A company anticipates a taxable cash receipt of $70,000 in year 5 of a project. The company's tax rate is 30% and its discount rate is 12%. The present value of this future cash flow is closest to:

$23,161
$27,783
$29,039
$33,267

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9204103

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