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Mendez Company has identified an investment project with the following cash flows. Year 1234 Cash Flow $ 1,110 970 1,500 1,860 a. If the discount
Mendez Company has identified an investment project with the following cash flows. Year 1234 Cash Flow $ 1,110 970 1,500 1,860 a. If the discount rate is 10 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. b. What is the present value at 18 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the present value at 24 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Present value at 10 percent b. Present value at 18 percent c. Present value at 24 percent
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