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VIII Multiple Cash Flows (15 points) IMC Company has identified an investment project with the following cash flows provided at the beginning of each year.
VIII Multiple Cash Flows (15 points) IMC Company has identified an investment project with the following cash flows provided at the beginning of each year. The discount rate is 10%. Year 1: $1,000 Year 2: $800 Year 3: $1,000 Year 4: $1,500 1. (7 points) What is the present value of these cash flows? 2. ( 8 points) What is the future value of these cash flows at the end of year 4
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