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please explain how the answer key got the highlighted answers. answers need to be four decimals connect aging options section of the Preface for more

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connect aging options section of the Preface for more information. BASIC (Questions 1-28) LO 1 1. Present Value and Multiple Cash Flows Fox Co. has identified an investment project with the following cash flows. If the discount rate is 10 percent, what is the present value of these cash flows? What is the present value at 18 percent? At 24 percent? CHAPTERS Discounted Cash Flow Van Year Cash Flow 1 2 $ 570 430 840 1.230 . year 1 510 430 NPV e lodo izda 2.3 44.7647 1.937 5704 2

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