HKL Co. Plans a new project that will generate $170,000 of continuous cash flow each year for 6 years

| December 3, 2017

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 endof the project. If the continuously compounded rate of interest is 11% estimate the present value of the cash flows.

Options: A. 875897.13 B. 1170000 C. 1203567.13 D. 1356987.13 E. None of the above.

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