Conoly Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 960 2 840 3 935 4 1,350 1)If the discount rate is 10 percent, what is the present value of these cash flows?
2) If the discount rate is 18 percent, what is the present value of these cash flows?
3) If the discount rate is 24 percent, what is the present value of these cash flows?