The present value of the following cash flow stream is $5,800 when discounted at 8 percent annually.
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The present value of the following cash flow stream is $5,800 when discounted at 8 percent annually. What is the value of the missing cash flow?
YEAR..........................................CASH FLOW
1........................................................$1,300
2..................................................................?
3..........................................................1,900
4..........................................................2,450
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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