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Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,130 2 1,000 3 1,510 4 1,870 If
Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,130 2 1,000 3 1,510 4 1,870 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
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