If the appropriate discount rate for the following cash flows is 8 percent per year,...
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Finance
If the appropriate discount rate for the following cash flows is 8 percent per year, the present value of the cash flows is $_____ . (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))
Year
Cash Flow
1
$1,500
2
0
3
7,100
4
800
Paradise, Inc., has identified an investment project with the following cash flows. If the discount rate is 20 percent, the future value of these cash flows in year 4 is $____ . (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16))
Year
Cash Flow
1
$575
2
1,275
3
600
4
575
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