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McCann Company has identified an investment project with the following cash flows. Year 1 2. 3 4 Cash Flow $ 950 1.100 1,310 1,180 a.

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McCann Company has identified an investment project with the following cash flows. Year 1 2. 3 4 Cash Flow $ 950 1.100 1,310 1,180 a. If the discount rate is 9 percent, what is the present value of these cash flows? Present value at 9 percent b. What is the present value at 18 percent? Present value at 18 percent

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