Assuming that the project will yield exactly a 6% rate of return, what is the expected net cash inflow for Year 3?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The Cambro Foundation, a nonprofit organization, is planning to invest $243,740 in a project that will last for three years. The project will produce net cash inflows as follows:

 

     
Year 1 $ 80,000
Year 2 $ 90,000
Year 3   ?
 

 

 

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Assuming that the project will yield exactly a 6% rate of return, what is the expected net cash inflow for Year 3?

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