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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 1 $ 910 2 990 3 0 4
| The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. |
| Year | Cash Flow | |||||
| 1 | $ | 910 | ||||
| 2 | 990 | |||||
| 3 | 0 | |||||
| 4 | 1,580 | |||||
| What is the present value of the cash flows?(Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
0137943601, 9780137943609
