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Mesquite inc wants to purchase an asset with a 3 years

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Mesquite, inc. wants to purchase an asset with a 3 years useful life, which is expected to produce cash inflows of $30,000 each year foe two years, and $20,000 in year 3. mesquite has a 14% cost od capital, and uses the following factors. what is the present value of these future cash flows?

Reference no: EM13573787

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