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McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $800 2 1,040 3 1,270 4 1,150 a. If

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

Year Cash Flow
1 $800
2 1,040
3 1,270
4 1,150
a.

If the discount rate is 9 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 26 percent?

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