Uncertain Cash Flows [LO 8-4]The Cambro Foundation
Question # 00667297
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Updated on: 04/02/2018 12:51 PM Due on: 04/02/2018
EXERCISE 8-12 Uncertain Cash Flows [LO 8-4]The Cambro Foundation, a nonprofit organization, is planning to invest $104,950 in a project that will last for three years. The project will produce net cash inflows as follows:
Year 1............$
Year 2............$
Year 3............$ ?
Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3?
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Solution: Uncertain Cash Flows [LO 8-4]The Cambro Foundation