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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly Year 1 2 3 4 Cash Flow $900 600 0 1,400

The appropriate discount rate for the following cash flows is 8 percent compounded quarterly Year 1 2 3 4 Cash Flow $900 600 0 1,400 What is the present value of the cash flows? Multiple Choice $2,376.78 $720.57 O $2,363.56

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