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What is the present value of these cash inflows

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Reference no: EM133161542

Question - Assume that an investment provides the following cash inflows over a three-year period:

Year 1 $5,000

Year 2 5,000

Year 3 7,000

Total $17,000

Assuming a discount rate of 18%, what is the present value of these cash inflows?

Reference no: EM133161542

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