A factory costs $400,000. You forecast that it will produce cash inflows of $115,000 in...
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A factory costs $400,000. You forecast that it will produce cash inflows of $115,000 in year 1,$175,000 in year 2, and $290,000 in year 3. The discount rate is 10%. a. What is the value of the factory? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. Is the factory a good investment? Yes No
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