McCann Co. has identified an investment project with the following cash flows. Year 1 2. 3 Cash Flow $ 840 1.170 1.430 1,575 4 a. If the discount rate is 9 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the present value at 16 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the present value at 25 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a b c Present value at 9% Present value at 16% Present value at 25%