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Present Value of the Cash Flows Assignment

Author:
February 18th, 2020
McCann Co. has identified an investment project with the following cash flows.
Year Cash Flow
1 $950
2 1,050
3 1,260
4 1,140
a. If the discount rate is 9 percent, what is the present value of these cash flows?
b. What is the present value at 18 percent?
c. What is the present value at 29 percent?

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