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McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $800 1,010 1,240 1,160 a. If
McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 4 Cash Flow $800 1,010 1,240 1,160 a. If the discount rate is 8 percent, what is the present value of these cash flows? b. What is the present value at 17 percent? C. What is the present value at 28 percent
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