Rooster Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,090 2 940 3 1,490 4 1,850
Requirement:
Question 1: If the discount rate is 12 percent, what is the present value of these cash flows?
Question 2: What is the present value at 15%? What is the present value at 21%?
Note: Please provide full description.