6. Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 720 2 930 3 1,190 4 1,275 If the discount rate is 10 percent, what is the present value of these cash flows? Present value $ What is the present value at 18 percent? Present value $ What is the present value at 24 percent? Present value $

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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6. Wainright Co. has identified an investment project with the following cash flows.
Year
Cash Flow
1
$ 720
2
930
3
1,190
4
1,275
If the discount rate is 10 percent, what is the present value of these cash flows?
Present value
$
What is the present value at 18 percent?
Present value
$
What is the present value at 24 percent?
Present value
$
Transcribed Image Text:6. Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 720 2 930 3 1,190 4 1,275 If the discount rate is 10 percent, what is the present value of these cash flows? Present value $ What is the present value at 18 percent? Present value $ What is the present value at 24 percent? Present value $
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