P$6-1$ Present Value and Multiple Cash Flows $[$LO$1]$

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

Year Cash Flow

$1$ $ $800$

$21,090$

$31,330$

$41,130$

a$.$

If the discount rate is $10$ percent, what is the present value of these cash flows?

b$.$

What is the present value at $17$ percent?

c$.$ What is the present value at $26$ percent?