Question
Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,290 2 1,240 3 1,590 4 1,950 If
Mendez Company has identified an investment project with the following cash flows.
Year Cash Flow
1 $ 1,290
2 1,240
3 1,590
4 1,950
If the discount rate is 9 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the present value at 17 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the present value at 23 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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