Huggins Co. has identified an investment project with the following cash flows.
Year 1 : $ 750
Year 2 : $ 990
Year 3 : $ 1,250
Year 4 : $ 1,350
If the discount rate is 7 percent, what is the present value of these cash flows?
Huggins Co. has identified an investment project with the following cash flows.
Year 1 : $ 750
Year 2 : $ 990
Year 3 : $ 1,250
Year 4 : $ 1,350
If the discount rate is 7 percent, what is the present value of these cash flows?