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Consider the following cash flows: End of Quarter 1 2 3 4 5 Cash Flow $1,300 $2,500 $1,300-$700 5800 If the effective annual rate is
Consider the following cash flows: End of Quarter 1 2 3 4 5 Cash Flow $1,300 $2,500 $1,300-$700 5800 If the effective annual rate is 19 percent, what is the present value of the cash flows? $146.62 $5,931.79 $3,615.46 $4,732 84
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