Question: 4. P6-43 Present and Future Values [LO1] The present value of the following cash flow stream is $6,870 when discounted at 9 percent annually. Year

4.

P6-43 Present and Future Values [LO1]

The present value of the following cash flow stream is $6,870 when discounted at 9 percent annually.

Year Cash Flow
1 $ 1,500
2 ?
3 1,800
4 2,400

What is the value of the missing cash flow?

Multiple Choice

$2,912.96

$2,855.84

$2,403.70

$2,798.72

$1,170.00

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