You are considering a project with cash flows of $44,500, $28,000, 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? $120,637 O $91,251 O $75,601 $82,693 None of these answers are correct.

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
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am. 231.

You are considering a project with cash flows of $44,500, $28,000, 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?
O $120,637
$91,251
$75,601
$82,693
None of these answers are correct.
Transcribed Image Text:You are considering a project with cash flows of $44,500, $28,000, 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? O $120,637 $91,251 $75,601 $82,693 None of these answers are correct.
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