Effective annual rate: Discount rate 20.00% Quarters, NOT YEARS 0 1 2 3 4 5 6 7 8 9 10 11 12 Periodic cash flows at the end of each QUARTER 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 You may not need all lines below Discount rate per QUARTER: r Net present value of these cash flows at time 0Discount rate per quarter. Enter 2.56% as 2.56 4.66 Net present value of these cash flows at time 0