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McCann Co. has identified an investment project with the following cash flows (table below): YEAR CASH FLOW 1 $680 2 $810 3 $940 4 $1,150

McCann Co. has identified an investment project with the following cash flows (table below):

YEAR CASH FLOW
1 $680
2 $810
3 $940
4 $1,150

a) If the discount rate is 10 percent, what is the present value of these cash flows?

b) What is the present value if the discount rate is 18 percent?

c) What is the present value if the discount rate is 24 percent?

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