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Business, 28.04.2021 20:30 mikeysoulemison

The Cambro Foundation, a nonprofit organization, is planning to invest $238,296 in a project that will last for three years. The project will produce net cash inflows as follows: Year 1$81,000
Year 2$89,000
Year 3 ?

Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using table.

Required:

Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3?

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