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Question - The Cambro Foundation, a nonprofit organization, is planning to invest $238,296 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1

$81,000

Year 2

$89,000

Year 3

?

Required: Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3?

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  • Reference No.:- M92580450
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