The PV of the following cash flow stream is $7,300 when discounted at 8 percent annually. What

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The PV of the following cash flow stream is $7,300 when discounted at 8 percent annually. What is the value of the missing cash flow?

Year             Cash flow

1.......................$1,500

2................................?

3.........................2,700

4........................2,900

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Corporate Finance

ISBN: 978-0071339575

7th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro

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