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I am not sure if I have answered these correctly, could someone please help me out? Thank you. McCann Co. has identified an investment project
I am not sure if I have answered these correctly, could someone please help me out? Thank you.
McCann Co. has identified an investment project with the following cash flows. Year 1 NM Cash Flow $800 1,060 1,310 1,150 a. If the discount rate is 11 percent, what is the present value of these cash flows? $ 3,222.59 b. What is the present value at 17 percent? $ 2,951.80Step by Step Solution
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