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What is the approximate value of this investment today

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Question - Computer Parts, Inc. is considering an investment that will have cash flows of $8,000, $7,000 and $4,000 for years 1 through 3. What is the approximate value of this investment today if the appropriate discount rate is 10% per year? (Points : 3)

$24,250

$20,900

$16,060

None of the above

Reference no: EM131826038

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