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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $ 930 2 $1,010 3 $0 4
The appropriate discount rate for the following cash flows is 8 percent compounded quarterly.
Year Cash Flow
1 $ 930
2 $1,010
3 $0
4 $1,600
What is the present value of the cash flows?
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