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Find the present values & EAR in each of the following. Mendez Company has identified an Investment project with the following cash flows. a. If
Find the present values & EAR in each of the following.
Mendez Company has identified an Investment project with the following cash flows. a. If the discount rate is 10 percent, what is the present value of these cash flows? (Do not round Intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 20 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 30 percent? (Do not round intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16.) Find the EAR in each of the following cases: (Use 365 days a year. Do not round Intermedlate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Step by Step Solution
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