Calculate the PV of cash inflows

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A factory costs $783,285. You forecast that it will produce cash inflows of $378,953 in year 1, $155,000 in year 2, and $230,000 in year 3. The discount rate is 8.50%.

a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Present value $_____

Reference no: EM131357359

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