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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 1 $ 850 2 930 3 0 4
| The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. |
| Year | Cash Flow | |||||
| 1 | $ | 850 | ||||
| 2 | 930 | |||||
| 3 | 0 | |||||
| 4 | 1,520 | |||||
| What is the present value of the cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
| Present value | $ |
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Investment Risk Management
Authors: Yen Yee Chong
1st Edition
0470849517, 9780470849514
