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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow 1 $ 700 2 800 3 0 4
| The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. |
| Year | Cash Flow |
|---|---|
| 1 | $ 700 |
| 2 | 800 |
| 3 | 0 |
| 4 | 1,100 |
| What is the present value of the cash flows? |
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
