Question
McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $750 2 1,040 3 1,350 4 1,190 a. If
| McCann Co. has identified an investment project with the following cash flows. |
| Year | Cash Flow |
| 1 | $750 |
| 2 | 1,040 |
| 3 | 1,350 |
| 4 | 1,190 |
| a. | If the discount rate is 9 percent, what is the present value of these cash flows? |
| b. | What is the present value at 18 percent? |
| c. | What is the present value at 26 percent? |
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
