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The appropriate discount rate for the following cash flows is 7.73 percent per year. Year Cash Flow 1 $ 2,550 2 0 3 3,990 4
| The appropriate discount rate for the following cash flows is 7.73 percent per year. |
| Year | Cash Flow | |||||
| 1 | $ | 2,550 | ||||
| 2 | 0 | |||||
| 3 | 3,990 | |||||
| 4 | 2,240 | |||||
| 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)) |
| Present value:? |
|
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Understanding Decentralized Finance How DeFi Is Changing The Future Of Money
Authors: Rhian Lewis
1st Edition
1398609390, 978-1398609396
