Question: Problem 6-27 Discounted Cash Flow Analysis (L01) 8.37 points The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. eBook Year

 Problem 6-27 Discounted Cash Flow Analysis (L01) 8.37 points The appropriate

Problem 6-27 Discounted Cash Flow Analysis (L01) 8.37 points The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. eBook Year Cash Flow 1 $ 770 850 1,440 Print What is the present value of the cash flows? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) References Present value

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