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McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 2 1,020 3 1,290 4 1,170 a.

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McCann Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 2 1,020 3 1,290 4 1,170 a. If the discount rate is 9 percent, what is the present value of these cash flows? Present value at 9 percent $3,463.30 $4,330.00 $3,775.00 $3,545.55 $3,384.02 b. What is the present value at 18 percent? Present value at 18 percent $2,841.49 $4,330.00 $3,352.96 $2,901.43 $2,783.52 c. What is the present value at 28 percent? Present value at 28 percent $2,337.60 $4,330.00 $2,992.13 $2,295.28 $2,381.21 Prese

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