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The appropriate discount rate for the following cash flows is 6 percent compounded quarterly. What is the present value of the cash flows? Multiple Choice

image text in transcribedimage text in transcribed The appropriate discount rate for the following cash flows is 6 percent compounded quarterly. What is the present value of the cash flows? Multiple Choice $2,192.71 $1,104.37 $2,244.57 $2,237.46 $2,282.21

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