Question
The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. Year Cash Flow 1 $900 2 700 3 0 4 1,100
The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. Year Cash Flow 1 $900 2 700 3 0 4 1,100
What is the present value of the cash flows?
Multiple Choice
$2,236.48
$898.06
$2,282.12
$2,291.71
$2,327.77
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Applied Statistics For Public And Nonprofit Administration
Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte
9th Edition
1285737237, 978-1285974521, 1285974522, 978-1285737232
