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Question 2 (10 points) The appropriate discount rate for the following cash flows is 16 percent compounded quarterly. What is the present value of the

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Question 2 (10 points) The appropriate discount rate for the following cash flows is 16 percent compounded quarterly. What is the present value of the cash flows? Year 1 CF-700, Year 2 CF-600, Year 3 CF=0, Year 4 CF-1000 o $1,570.56 $1,601.64 o $1,539.15 O $1,601.97 $232.06 Save

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