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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 1 $900 2 800 3 0 4 1,300
| The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $900 |
| 2 | 800 |
| 3 | 0 |
| 4 | 1,300 |
| What is the present value of the cash flows? |
-
$2,300.78
-
$549.26
-
$2,347.73
-
$2,394.69
-
$2,367.26
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The Future Of Money How The Digital Revolution Is Transforming Currencies And Finance
Authors: Eswar S. Prasad
1st Edition
0674258444, 978-0674258440
