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The appropriate discount rate for the following cash flows is 7.88 percent per year. Year Cash Flow 1 $ 2,580 2 0 3 4,020 4
| The appropriate discount rate for the following cash flows is 7.88 percent per year. |
| Year | Cash Flow | |||||
| 1 | $ | 2,580 | ||||
| 2 | 0 | |||||
| 3 | 4,020 | |||||
| 4 | 2,270 | |||||
| What is the present value of the cash flows? |
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Finance Markets Investments And Financial Management
Authors: Daisy Scott
1st Edition
1639892001, 9781639892006
