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Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $940 2 1,090 3 1,340 4 1,405 Required: (a) If the discount rate is 8 percent, what is the future value of these cash flows in year 4? (b) What is the future value at a discount rate of 11 percent? (c) What is the future value at discount rate of 24 percent?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91646860

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