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The appropriate discount rate for the following cash flows is 14 percent compounded quarterly. What is the present value of the cash flows? Year Cash
The appropriate discount rate for the following cash flows is 14 percent compounded quarterly.
What is the present value of the cash flows?
| Year | Cash Flow |
|---|---|
| 1 | $ 900 |
| 2 | 700 |
| 3 | 0 |
| 4 | 1,300 |
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
