What is the present value of the following cash flow at a 12% discount rate?                         Year  (-1)               Year 2               Year 3                               100,000          150,000           200,000

Cornerstones of Cost Management (Cornerstones Series)
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Chapter19: Capital Investment
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Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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What is the present value of the following cash flow at a 12% discount rate?

           

            Year  (-1)               Year 2               Year 3                  

            100,000          150,000           200,000

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