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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 | $ | 810 | ||||
| 2 | 890 | |||||
| 3 | 0 | |||||
| 4 | 1,480 | |||||
| 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.) |
| Present value | $ |
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
