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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 1 $70 2 700 3 0 4 1,400
The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash
Flow
1 $70
2 700
3 0
4 1,400
What is the present value of the cash flows?
Multiple Choice
$2,108.73
$452.08
$2,171.09
$2,151.76
$2,194.80
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