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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $ 800 2 880 3 0 4
| The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. |
| Year | Cash Flow | |||||
| 1 | $ | 800 | ||||
| 2 | 880 | |||||
| 3 | 0 | |||||
| 4 | 1,470 | |||||
| What is the present value of the cash flows? |
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Liars Poker Rising Through The Wreckage On Wall Street
Authors: Michael Lewis
1st Edition
0393246108,0393247147
