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Conoly Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 870 2 1,230 3 1,490 4 1,650 If

Conoly Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 870 2 1,230 3 1,490 4 1,650 If the discount rate is 10 percent, what is the present value of these cash flows? If the discount rate is 20 percent, what is the present value of these cash flows? If the discount rate is 30 percent, what is the present value of these cash flows?

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