In: Finance
| Huggins Co. has identified an investment project with the following cash flows. |
| Year | Cash Flow | |||||
| 1 | $ | 900 | ||||
| 2 | 1,290 | |||||
| 3 | 1,550 | |||||
| 4 | 1,725 | |||||
|
If the discount rate is 7 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Present value | $ |
|
What is the present value at 20 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Present value | $ |
|
What is the present value at 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Present value | $ |