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If the appropriate discount rate for the following cash flows is 11.7 percent per year, what is the present value of the cash flows? Year
If the appropriate discount rate for the following cash flows is 11.7 percent per year, what is the present value of the cash flows?
| Year | Cash Flow |
| 1 | $21,600 |
| 2 | $25,900 |
| 3 | $38,700 |
| 4 | $16,200 |
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
