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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 1 $ 800 2 700 3 0 4
| The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. |
| Year | Cash Flow |
|---|---|
| 1 | $ 800 |
| 2 | 700 |
| 3 | 0 |
| 4 | 1,400 |
| What is the present value of the cash flows? |
Multiple Choice
$2,242.36
$2,262.00
$2,197.51
$2,287.21
$493.55
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The Social Media Handbook For Financial Advisors
Authors: Matthew Halloran
1st Edition
1118208013, 978-1118208014
