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The appropriate discount rate for the following cash flows is 7 percent compounded semi-annually. What is the present value of the cash flows? Year 1CF=200,

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The appropriate discount rate for the following cash flows is 7 percent compounded semi-annually. What is the present value of the cash flows? Year 1CF=200, Year 2CF=800, Year 3CF=500, Year 4CF=1500 $2,577 $2,454 $2,356 $2,544 $2,430

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