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A project has the following cash flows: 1 2 3 -$400 $164 -$x $189 $320 $494 This project requires two outflows at Years 0 and

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Year Cash flows $164 $0 FV @ 12% 1.5735 1.4049 1.2544 1.1200 1.00 $189 Future value $258.06 $0.00 $237.08 $358.40 $494.00 $1,

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