1. Huggins Co. has identified an investment project with the following cash flows. If the discount rate is 10%, what is the present value of
1. Huggins Co. has identified an investment project with the following cash flows. If the discount rate is 10%, what is the present value of these cash flows? What is the present value at 18%? Show your work.
| Year | Cash Flow |
| 1 | $680 |
| 2 | $810 |
| 3 | $940 |
| 4 | $1,150 |
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Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
