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27. Discounted Cash Flow Analysis [LO1] If the appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly, what is the present

27. Discounted Cash Flow Analysis [LO1] If the appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly, what is the present value of the cash flows?

Year Cash Flow

1 $815

2 990

3 0

4 1,520

Please answer in excel financial formulas!

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