3. What is the present value of the following set of cash flows at an 8% discount rate compounded q uarterly? Year 1 2 3 4 Cash Flow $1,000 -$1,000 $1,000 - $1,000 1. $0.00 2. $55.21 3. $100.38 4. $130.4 5. $327.02

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
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3. What is the present value of the following set of
cash flows at an 8% discount rate compounded q
uarterly?
Year 1 2 3 4
Cash Flow $1,000 -$1,000 $1,000 - $1,000
1. $0.00
2. $55.21
3. $100.38
4. $130.4
5. $327.02
Transcribed Image Text:3. What is the present value of the following set of cash flows at an 8% discount rate compounded q uarterly? Year 1 2 3 4 Cash Flow $1,000 -$1,000 $1,000 - $1,000 1. $0.00 2. $55.21 3. $100.38 4. $130.4 5. $327.02
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