Suzanne has identified a project with the following cash flows. What is the present value of the cash flows at time 0 if the interest rate is 17%?
Year Cash Flow
1 $2,000
2 $650
3 $375
4 $1,200
A) $3,058.75
B) $3,578.74
C) $2,614.32
D) $4,225.00
E) $3,521.63
A
Business
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