Question
Problem 6-27 Discounted Cash Flow Analysis [LO1] The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow 1
Problem 6-27 Discounted Cash Flow Analysis [LO1]
| The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. |
| Year | Cash Flow | |||||
| 1 | $ | 920 | ||||
| 2 | 1,000 | |||||
| 3 | 0 | |||||
| 4 | 1,590 | |||||
| What is the present value of the cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Note:> The Answer below is incorrect. Please help me with this question. Thx
| Present value | $1678.59 |
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Enron And World Finance A Case Study In Ethics
Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
1403947635, 978-1403947635
