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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly Ded Year 1 2. 3 4. Cash Flow $ 800 880

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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly Ded Year 1 2. 3 4. Cash Flow $ 800 880 0 1,470 ok 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.) Present value nt

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