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Assume the appropriate discount rate for the following cash flows is 10.89 percent per year. Year Cash Flow 1 $2,700 2 3,100 3 5,300 4
| Assume the appropriate discount rate for the following cash flows is 10.89 percent per year. |
| Year | Cash Flow |
| 1 | $2,700 |
| 2 | 3,100 |
| 3 | 5,300 |
| 4 | 5,900 |
| Required: |
| What is the present value of the cash flows? |
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Risk Sharing Finance
Authors: Bakkali Mirakhor, Saad Abbas
1st Edition
3110590468, 978-3110590463
