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McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $950 2 1,050 3 1,260 4 1,140 a. If

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

Year Cash Flow
1 $950
2 1,050
3 1,260
4 1,140
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 29 percent?

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