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Designs Now is opening a showcase office to display and sell its computer designed poster art Designs expects cash flows to be $120000 in the first year $180000 in the second year $240000 in

Designs Now is opening a showcase office to display and sell it’s computer designed poster art. Designs expects cash flows to be $120,000 in the first year, $180,000 in the second year, $240,000 in the third year. If Designs uses 11 percent as its discount rate, what is the present value of the cash flows in year 0?

 

Apr 09 2020 View more View Less

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