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The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. Year Cash Flow 1 $700 2 800 3 0 4 1,100
| The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $700 |
| 2 | 800 |
| 3 | 0 |
| 4 | 1,100 |
Required:
| What is the present value of the cash flows? |
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Empirical Finance
Authors: Sardar M. N. Islam, Sethapong Watanapalachaikul
1st Edition
3790815519, 978-3790815511
