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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
EXERCISE 8-12 Uncertain Cash Flows [LO 8-4]The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows:
Year 1............$
Year 2............$
Year 3............$ ?
Â
Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3?
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