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The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. Year Cash Flow 1 $800 2 800 3 0 4 1,100
| The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. |
| Year | Cash Flow |
| 1 | $800 |
| 2 | 800 |
| 3 | 0 |
| 4 | 1,100 |
| What is the present value of the cash flows? |
Multiple Choice
-
$2,275.86
-
$2,230.35
-
$873.80
-
$2,321.38
-
$2,285.60
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
