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McCann Co. has identified an investment project with the following cash flows. Year. Cash Flow 1. $950 2. 1,090 3. 1,310 4. 1,150 a. If

McCann Co. has identified an investment project with the following cash flows.

Year. Cash Flow

1. $950

2. 1,090

3. 1,310

4. 1,150

a. If the discount rate is 9 percent, what is the present value of these cash flows?

b. What is the present value at 20 percent?

c. What is the present value at 30 percent?

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