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The appropriate discount rate for the following cash flows is 7 percent compounded quarterly Year 1 2 3 4 Cash Flow $900 700 0 1,400
The appropriate discount rate for the following cash flows is 7 percent compounded quarterly Year 1 2 3 4 Cash Flow $900 700 0 1,400 Required: What is the present value of the cash flows? $2,459.19 $2,559.56 $2,520.58 $933.48 O $2,509.37
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