Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1234...
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Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1234 $ 990 790 1,440 1,800 a. If the discount rate is 11 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the present value at 16 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the present value at 22 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Present value at 11 percent b. Present value at 16 percent c. Present value at 22 percent $ 3,771.70 $ 3,357.22 Mendez Company has identified an investment project with the following cash flows. Year Cash Flow 1234 $ 990 790 1,440 1,800 a. If the discount rate is 11 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the present value at 16 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the present value at 22 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Present value at 11 percent b. Present value at 16 percent c. Present value at 22 percent $ 3,771.70 $ 3,357.22
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