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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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