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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 1,240 4 1,110 a.
McCann Company has identified an investment project with the following cash flows. |
Year | Cash Flow |
---|---|
1 | $ 900 |
2 | 1,100 |
3 | 1,240 |
4 | 1,110 |
a. | If the discount rate is 9 percent, what is the present value of these cash flows? |
|
b. | What is the present value at 16 percent? |
|
c. | What is the present value at 26 percent? |
|
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