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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow $ 860 940 10 points 1,530 eBook Print

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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow $ 860 940 10 points 1,530 eBook Print What is the present value of the cash flows? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References Present value

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