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The appropriate discount rate for the following cash flows is 7 percent compounded quaterly Year Cash Flow 1 $800 2 500 3 0 4 1,300

The appropriate discount rate for the following cash flows is 7 percent compounded quaterly

Year Cash Flow

1 $800

2 500

3 0

4 1,300

What is the present value of the cash flows?

A. $2,123.14

B. $2,166.47

C. $2,176.15

D. $794.32

E. $2,209.80

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