Machine Co. has identified an investment project with the following cash flows. If the discount rate is

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Machine Co. has identified an investment project with the following cash flows. If the discount rate is 5 percent, what is the present value of these cash flows? What is the present value at 13 percent? At 18 percent?

Year .......Cash Flow
1 ...................$ 655
2 ......................945
3 ...................1,960
4 ...................2,380

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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