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Assume the appropriate discount rate for the following cash flows is 8.7 percent. Year Cash Flow 1 $ 1,350 2 1,250 3 950 4 750
Assume the appropriate discount rate for the following cash flows is 8.7 percent.
| Year | Cash Flow | |
| 1 | $ | 1,350 |
| 2 | 1,250 | |
| 3 | 950 | |
| 4 | 750 | |
What is the present value of the cash flows?
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Value And Capital Management A Handbook For The Finance And Risk Functions Of Financial Institutions
Authors: Thomas C. Wilson
1st Edition
1118774639, 978-1118774632
