oblem 5-27 Discounted Cash Flow Analysis [LO1] appropriate discount rate for the following cash flows is an 9 percent APR compounded quarterly. ar Cash Flow $ 860 940 0 1,530 at is the present value of the cash flows? te: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. sent value
oblem 5-27 Discounted Cash Flow Analysis [LO1] appropriate discount rate for the following cash flows is an 9 percent APR compounded quarterly. ar Cash Flow $ 860 940 0 1,530 at is the present value of the cash flows? te: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. sent value
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Problem 5-27 Discounted Cash Flow Analysis [LO1]
The appropriate discount rate for the following cash flows is an 9 percent APR compounded quarterly.
Year Cash Flow
$860
940
3
0
1,530
What is the present value of the cash flows?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Present value](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb5eebfde-d18a-4a5a-af3e-06bce2cb3854%2Fd6fbe048-4c49-4ccf-b6b3-f60354589583%2Fcjo168_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 5-27 Discounted Cash Flow Analysis [LO1]
The appropriate discount rate for the following cash flows is an 9 percent APR compounded quarterly.
Year Cash Flow
$860
940
3
0
1,530
What is the present value of the cash flows?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Present value
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