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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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