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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow $800 1 600 4 1,400 What is the

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The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year Cash Flow $800 1 600 4 1,400 What is the present value of the cash flows? Multiple Choice $2,230.75 $556.08 $2,214.60 $2,170.31 $2,258.90

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