What is the minimum cash flow that could be received at the end of year 3 to make the following project "acceptable"? Initial cost = $130,000; cash flows at end of years 1 and 2 = $35,000; opportunity cost of capital = 10%.
a. $60,000
b. $33,424
c. $92,180
d. $69,256
Ans: c. $92,180
Business
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