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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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