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The appropriate discount rate for the following cash flows is 15 percent compounded quarterly. Year Cash Flow 1 $ 700 2 800 3 0 4
| The appropriate discount rate for the following cash flows is 15 percent compounded quarterly. |
| Year | Cash Flow |
|---|---|
| 1 | $ 700 |
| 2 | 800 |
| 3 | 0 |
| 4 | 1,200 |
| What is the present value of the cash flows? |
Multiple Choice
-
$1,899.71
-
$1,828.59
-
$1,903.23
-
$1,865.91
-
$267.64
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30 Days To Taming Your Finances What To Do To Better Manage Your Money
Authors: Deborah Smith Pegues
1st Edition
0736918361, 978-0736918367
