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The appropriate discount rate for the following cash flows is 11 percent compounded quarterly. Year Cash Flow 1 $800 2 900 3 0 4 1,400
The appropriate discount rate for the following cash flows is 11 percent compounded quarterly. |
Year | Cash Flow |
1 | $800 |
2 | 900 |
3 | 0 |
4 | 1,400 |
Required:
What is the present value of the cash flows? |
rev: 09_17_2012
$2,396.27 | |
$2,373.4 | |
$2,302.3 | |
$2,349.28 | |
$460.13 |
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