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McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 740 2 970 3 1,230 4 1,325 a.

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

Year Cash Flow
1 $ 740
2 970
3 1,230
4 1,325
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 18 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 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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