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Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2, and $36,000 in Year 3. What is the present value of these cash inflows at a discount rate of 12 percent?

$41,997.60

$46,564.28

$54,578.17

$54,868.15

$63,494.54

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92059313

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