Question: l A sequence of cash flows has a present value of $20,391 when the discount rate is 10%. The cash flow sequence is show below,

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l A sequence of cash flows has a present value of $20,391

A sequence of cash flows has a present value of $20,391 when the discount rate is 10%. The cash flow sequence is show below, except that the cash payment made in year 2 is missing. All payments come at the end of the year. What is the missing payment at the end of year 2? Year Amount 1 $5,250 2 222 3 11,175 e ns el ev ent ev A. $4,434 B. $3,966 OC. $8,739 OD. $2,603 ver

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