If the appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly, what is

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If the appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly, what is the present value of the cash flows?

Year ............ Cash Flow
1 ............ $ 815
2 .............. 990
3 .................. 0
4 ............. 1,520

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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