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Check my work Fox Co. has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $1,290 1,240 1,590
Check my work Fox Co. has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $1,290 1,240 1,590 1,950 a. If the discount rate is 9 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 17 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 23 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. 1,290.00 b. Present value at 9 percent Present value at 17 percent Present value at 23 percent C
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