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McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 2 1,050 3 1,320 4 1,120 a.
| McCann Company has identified an investment project with the following cash flows. |
| Year | Cash Flow |
|---|---|
| 1 | $ 850 |
| 2 | 1,050 |
| 3 | 1,320 |
| 4 | 1,120 |
| a. | If the discount rate is 11 percent, what is the present value of these cash flows? |
| b. | What is the present value at 19 percent? |
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The Handbook Of Financial Communication And Investor Relations
Authors: Alexander V. Laskin
1st Edition
1119240786, 978-1119240785
