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a you You are performing a project that provided expected cash flows of 8,000 in the first year $6,200 in the second year, $
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Answer #1

Present value = 8000 / (1 + 0.15)1 + 6200 / (1 + 0.15)2 + 5000 / (1 + 0.15)3

Present value = 6,956.5217 + 4,688.09074 + 3,287.5812

Present value = $14,932

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