Question: Problem 6-1 Present Value and Multiple Cash Flows (LO1] McCann Co. has identified an investment project with the following cash flows. Year 1 WN Cash

Problem 6-1 Present Value and Multiple Cash Flows (LO1] McCann Co. has identified an investment project with the following cash flows. Year 1 WN Cash Flow $ 780 1,050 1,310 1,425 a. If the discount rate is 8 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 17 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 25 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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