Question: Note: As discussed in class, even though the textbook/practice problem set/homework solutions use traditional mathematical formulas and financial calculators, we will focus on using Excel

Note: As discussed in class, even though the textbook/practice problem set/homework

Note: As discussed in class, even though the textbook/practice problem set/homework solutions use traditional mathematical formulas and financial calculators, we will focus on using Excel throughout the semester! Fox Co. has identified an investment project with the following cash flows. a. If the discount rate is 10 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 18 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 24 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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