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Problem 6-27 Discounted Cash Flow Analysis [LO1] The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1

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Problem 6-27 Discounted Cash Flow Analysis [LO1] The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 840 920 0 1,510 What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) Present value060 11

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