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The appropriate discount rate for the following cash flows is 7 percent compounded quarterly Year 1 2 3 Cash Flow $1,000 800 o 1,000 What

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The appropriate discount rate for the following cash flows is 7 percent compounded quarterly Year 1 2 3 Cash Flow $1,000 800 o 1,000 What is the present value of the cash flows? Multiple Choice $2,434.43 $2.434.43 $2,386.70 $2,338.97 $979.23 $2,396.23 to search O DI D 99+

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