Question
Rooster Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,090 2 940 3 1,490 4 1,850 Requirement
Rooster Co. has identified an investment project with the following cash flows. |
Year | Cash Flow | |||
1 | $ | 1,090 | ||
2 | 940 | |||
3 | 1,490 | |||
4 | 1,850 | |||
Requirement 1: |
If the discount rate is 12 percent, what is the present value of these cash flows? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Present value | $ |
Requirement 2: |
What is the present value at 15 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Present value | $ |
Requirement 3: |
What is the present value at 21 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Present value | $ |
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