Question
Huggins Co. has identified an investment project with the following cash flows. YEAR Cash Flow 1 $740 2 $970 3 $1230 4 $1325 If the
Huggins Co. has identified an investment project with the following cash flows.
YEAR | Cash Flow |
---|---|
1 | $740 |
2 | $970 |
3 | $1230 |
4 | $1325 |
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.)
Present value $ What is the present value at 18 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Present value $ What is the present value at 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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