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The appropriate discount rate for the following cash flows is 7.23 percent per year. Year Cash Flow 1 $2,450 2 $0 3 $3,890 4 $2,140
The appropriate discount rate for the following cash flows is 7.23 percent per year.
Year Cash Flow
1 $2,450
2 $0
3 $3,890
4 $2,140
What is the present value of the cash flows? |
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