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McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 234 1,010 1,290 1,140 a. If
McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 234 1,010 1,290 1,140 a. If the discount rate is 10 percent, what is the present value of these cash flows? Present value at 10 percent b. What is the present value at 18 percent? Present value at 18 percent
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