Wells, Inc., has identified an investment project with the following cash flows.  Year                    Cash Flow  1                             $970 2                             1200 3                              1420 4                               2160 a.) If the discount rate is 7 percent what is the future value of these cash flows in Year 4 B) What is the future value at an interest rate of 13 percent

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter23: Corporate Restructuring
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Wells, Inc., has identified an investment project with the following cash flows. 

Year                    Cash Flow 

1                             $970

2                             1200

3                              1420

4                               2160

a.) If the discount rate is 7 percent what is the future value of these cash flows in Year 4

B) What is the future value at an interest rate of 13 percent?

C) What is the future value at an interest rate of 22 percent?

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