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MC Qu. 20 Moving Cash Flow You are scheduled to receive a $cft cash flow ... Moving Cash Flow You are scheduled to receive a
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Answer #1

Present value = 540 / (1 + 0.08)1 + 840 / (1 + 0.08)2 + -440 / (1 + 0.08)3

Present value = 500 + 720.1646 - 349.28619

Present value = $870.88

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