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A 3-year project is being evaluated using a discount rate of 5%. It is expected...

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Finance

A 3-year project is being evaluated using a discount rate of 5%. It is expected to have a cash inflow of GH60,000 at the end of its first year, GH50,000 at the end of its 2nd year and GH40,000 at the end of its third year. What is the present value of the future cash flows?

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