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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow 1 $900 2 600 3 0 4 1,100
| The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $900 |
| 2 | 600 |
| 3 | 0 |
| 4 | 1,100 |
| What is the present value of the cash flows? |
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Finance A Quantitative Introduction Volume 2
Authors: Piotr Staszkiewicz, Lucia Staszkiewicz
1st Edition
0128027975, 978-0128027974
