The present value of the following cash flow stream is $8,400 when discounted at 9 percent annually.
Question:
The present value of the following cash flow stream is $8,400 when discounted at 9 percent annually. What is the value of the missing cash flow?
Year Cash Flow
1......$2,000
2........ ?
3.........2,600
4........3,200
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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