Hinkle inc expects the first three years of a proposed, Financial Management

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Hinkle inc expects the first three years of a proposed

Hinkle Inc. expects the first three years of a proposed project would have cash flows of $320,000 a year. If Hinkle uses a discount rate of 13%, about what is the present value of the expected yearly cash flows?

a. $960,000

b. $755,568.83

c. - $960,000

d. $637,859

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Financial Management: Hinkle inc expects the first three years of a proposed

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Financial Management: Hinkle inc expects the first three years of a proposed

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