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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow 1 $ 750 2 830 3 0 4
| The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. |
| Year | Cash Flow | |||||
| 1 | $ | 750 | ||||
| 2 | 830 | |||||
| 3 | 0 | |||||
| 4 | 1,420 |
| What is the present value of the cash flows?(Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
