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  3. 1. one project has three cash flows: at to, the in

1. One project has three cash flows: at to, the initial investment cost is $150;...

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Accounting

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1. One project has three cash flows: at to, the initial investment cost is $150; at t1, the project pays $121; at t2, the project needs an extra investment $242; at t3, the project pays $6655. The project has a constant spot rate of return 10%. What is the present value of the project? Hint: is C2 a cash inflow or a cash outflow

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