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 $ 900 1,290 1,550 1,725 4 a. If the discount rate is 7 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 20 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 30 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Present value at 7% b. Present value at 20% Present value at 30% c