In: Finance
McCann Co. has identified an investment project with the following cash flows. |
Year | Cash Flow |
1 | $800 |
2 | 1,040 |
3 | 1,270 |
4 | 1,150 |
a. |
If the discount rate is 9 percent, what is the present value of these cash flows? |
b. |
What is the present value at 17 percent? |
c. | What is the present value at 26 percent? |