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McCann Company has identified an investment project with the following cash flows. Year/Cash Flow 1 $ 900 2 1,010 3 1,320 4 1,150 a. If
McCann Company has identified an investment project with the following cash flows.
Year/Cash Flow
1 $ 900
2 1,010
3 1,320
4 1,150
a. If the discount rate is 10 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 27 percent?
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