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Assume the appropriate discount rate for the following cash flows is 7.3 percent. Year Cash Flow 1 $1,200 2 1,100 3 800 4 600 Required:
| Assume the appropriate discount rate for the following cash flows is 7.3 percent. |
| Year | Cash Flow |
| 1 | $1,200 |
| 2 | 1,100 |
| 3 | 800 |
| 4 | 600 |
| Required: |
| What is the present value of the cash flows? |
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Salomon Smith Barney Guide To Mortgage Backed And Asset Backed Securities
Authors: Lakhbir Hayre
1st Edition
0471385875, 978-0471385875
