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The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. Year Cash Flow 1 $800 2 700 3 0 4 1,400
| The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $800 |
| 2 | 700 |
| 3 | 0 |
| 4 | 1,400 |
Required:
| What is the present value of the cash flows? |
Multiple Choice
-
$2,178.57
-
$2,093.13
-
$2,135.85
-
$2,162.05
-
$383.67
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
