A company is considering investing in a project that is expected to return $350,000 four years from now.How much is the company willing to pay for this investment if the company requires a 12% return? (PV of $1,FV of $1,PVA of $1,and FVA of $1)
A) $55,606
B) $137,681
C) $222,425
D) $265,764
E) $350,000
Correct Answer:
Verified
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