Question: 3. value: 2.00 points The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 2 990 4 1,580

 3. value: 2.00 points The appropriate discount rate for the following

3. value: 2.00 points The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. Year Cash Flow 2 990 4 1,580 What is the present value of the cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Present value References eBook & Resources

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