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Present Value and Multiple Cash Flows (LO1) Buena Vista Co. has identified an investment project with the following cash flows. If the discount rate is
Present Value and Multiple Cash Flows (LO1) Buena Vista Co. has identified an investment project with the following cash
flows. If the discount rate is 10%, what is the present value of these cash flows? What is the present value at 18%? At 24%?
Years Cash Flow
1 $720 2 930 3 1,190
4 1,275
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