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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year 1 2 3 Cash Flow $1,000 800 0 1,300 4

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The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year 1 2 3 Cash Flow $1,000 800 0 1,300 4 What is the present value of the cash flows? Multiple Choice $2,487.09 (0) $2,458.17 O $590.73 $2,438.33 O $2,389.56

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