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McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 900 2 1,100 3 1,230 4 1,180 a.
McCann Company has identified an investment project with the following cash flows. |
Year | Cash Flow |
---|---|
1 | $ 900 |
2 | 1,100 |
3 | 1,230 |
4 | 1,180 |
a. | If the discount rate is 8 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 29 percent? |
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