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Show work and use formulas if possible The appropriate discount rate for the following cash flows is 14 percent compounded quarterly. Year 1 2 3

image text in transcribedShow work and use formulas if possible

The appropriate discount rate for the following cash flows is 14 percent compounded quarterly. Year 1 2 3 4 Cash Flow $800 700 0 1,100 What is the present value of the cash flows? Multiple Choice $1,900.38 $312.32 $1,891.67 O $1,825.86 $1,863.12

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