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The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. Year Cash Flow 1 $600 2 700 3 0 4 1,400
| The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $600 |
| 2 | 700 |
| 3 | 0 |
| 4 | 1,400 |
Required:
| What is the present value of the cash flows? |
$2,184.91
$2,229.5
$757.62
$2,240.21
$2,274.09
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Green And Sustainable Finance
Authors: Simon Thompson
2nd Edition
1398609242, 978-1398609242
