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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? What is the present value at 15%? What is the present value at 21%?

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