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The appropriate discount rate for the following cash flows is 14 percent compounded quarterly. Year 1 Cash Flow $900 500 2 0 3 4 1,000
The appropriate discount rate for the following cash flows is 14 percent compounded quarterly. Year 1 Cash Flow $900 500 2 0 3 4 1,000 What is the present value of the cash flows? Suppose an investment offers to triple your money in 60 months (don't believe it). What rate of return per quarter are you being offered
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