What is the present value of cash flows

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McCann Co. has identified an investment project with the following cash flows.

Year Cash Flow 

1   $800 

 2    1,090  

3    1,350  

4    1,475 

a. 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.)

b.What is the present value at 17 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

c.What is the present value at 25 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM132120463

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