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Assume the appropriate discount rate for the following cash flows is 9.7 percent. Year Cash Flow 1 $1,850 2 1,750 3 1,450 4 1,250 Required:
Assume the appropriate discount rate for the following cash flows is 9.7 percent. Year Cash Flow
1 $1,850
2 1,750
3 1,450
4 1,250
Required: What is the present value of the cash flows?
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Structured Finance And Insurance
Authors: Christopher L. Culp
2nd Edition
0471706310, 978-0471706311
