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McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 Cash Flow $800 1,060 1,220 1,180 a. If the
McCann Co. has identified an investment project with the following cash flows. Year 1 2 3 Cash Flow $800 1,060 1,220 1,180 a. If the discount rate is 10 percent, what is the present value of these cash flows? b. What is the present value at 19 percent
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