Problem 6-27 Discounted Cash Flow Analysis (LO1) The appropriate discount rate for the following cash...
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Problem 6-27 Discounted Cash Flow Analysis (LO1) The appropriate discount rate for the following cash flows is 9 percent compounded quarterly. Year 1 NM Cash Flow $ 860 940 0 1,530 4 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.) Present value
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