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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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