Question: using the rounding rule answer for this question Sugar Company has identified an investment project with the following cash flows. Year Cash Flow 1 $
using the rounding rule answer for this question
Sugar Company has identified an investment project with the following cash flows. \"Year Cash Flow 1 $ 890 h 2 1,270 3 1,530 4 1,700 a. If the discount rate is 9 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 20 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 30 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Present value at 9% $ "4,271.21 b. Present value at 20% $ 3,328.86 c. Present value at 30% RANTStep by Step Solution
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