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McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $800 2 1,040 3 1,270 4 1,170 a. If
McCann Co. has identified an investment project with the following cash flows.
| |
Year | Cash Flow |
1 | $800 |
2 | 1,040 |
3 | 1,270 |
4 | 1,170 |
a. If the discount rate is 10 percent, what is the present value of these cash flows? b.
|
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