Question: Problem 5 - 1 Present Value and Multiple Cash Flows [ LO 1 ] Mendez Company has identified an investment project with the following cash

Problem 5-1 Present Value and Multiple Cash Flows [LO 1]
Mendez Company has identified an investment project with the following cash flows.
a. If the discount rate is 12 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 15 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 21 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
 Problem 5-1 Present Value and Multiple Cash Flows [LO 1] Mendez

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