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P6-27 Discounted Cash Flow Analysis [LO1] The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. Year Cash Flow 1 $700
P6-27 Discounted Cash Flow Analysis [LO1]
| The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $700 |
| 2 | 700 |
| 3 | 0 |
| 4 | 1,100 |
| What is the present value of the cash flows? |
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