McCann Co. has identified an investment project with the
following cash flows. Year Cash Flow 1 $800 2 1,060 3 1,310 4 1,170
a. If the discount rate is 12 percent, what is the present value of
these cash flows? b. What is the present value at 18 percent?
McCann Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $800 2 1,060 3 1,310 4 1
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