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Hkl co plans a new project that will generate 170000 of


HKL Co. plans a new project that will generate $ 170,000 of continuous cash flow each year for 6 years and additionally $ 250,000 at the end of the project. If the continuously compounded rate of interest is 11%, estimate the present value of the cash flows.

a. 875897.13

b. 1170000

c. 1203657.13

d. 1356987.13

e. None of the above

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Financial Management: Hkl co plans a new project that will generate 170000 of
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