You are considering a project with cash flows of $44,500, $18,000, and $33,000 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a discount rate of 8.1 percent? Multiple Choice O $120,637 $118,706 $75,601 $82,693 $88,344

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 16EB: Project Y cost $8,000 and will generate net cash inflows of $1,500 in year one, $2,000 in year two,...
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You are considering a project with cash flows of $44,500, $18,000, and $33,000 at the end of each year for the next three years, respectively. What is the present
value of these cash flows, given a discount rate of 8.1 percent?
Multiple Choice
$120,637
$118,706
$75,601
$82,693
$88,344
Transcribed Image Text:You are considering a project with cash flows of $44,500, $18,000, and $33,000 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a discount rate of 8.1 percent? Multiple Choice $120,637 $118,706 $75,601 $82,693 $88,344
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