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McCann Co. has identified an investment project with the following cash flows. Year Nm+ Cash Flow $ 890 1,270 1,530 1,700 a. If the discount
McCann Co. has identified an investment project with the following cash flows. Year Nm+ Cash Flow $ 890 1,270 1,530 1,700 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 20 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 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) $ 4,271.28 a. b. c. Present value at 9% Present value at 20% Present value at 30%
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