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You Are Considering a Project with the Following Cash Flows

question 115

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You are considering a project with the following cash flows:  Year 1  Year 2  Year 3 £5,600£9,000£2,000\begin{array} { | l | l | l | } \hline \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \\\hline £ 5,600 & £ 9,000 & £ 2,000 \\\hline\end{array} What is the present value of these cash flows,given an 11% discount rate?


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