Myca Corp. has a project with the following cash flows. What is the value of the cash flows today assuming an annual interest rate of 10.3 percent?

Year Cash Flow

1 $1,880

2 2,390

3 2,745

4 2,755

Multiple Choice

• $6,734.05

• $7,575.81

• $8,356.12

• $9,770.00

• $8,672.90