Question: please quick solve Suppose that you will receive $5,000 in year 1, $5,000 in year 2, $5,000 in year 3 and $7,000 in year 5.
Suppose that you will receive $5,000 in year 1, $5,000 in year 2, $5,000 in year 3 and $7,000 in year 5. And somehow you know that the present value for the whole cash stream is $23,605.33. At a 7% discount rate, the cash flow received in year 4 will be Select one: a. $6,500 b. $7,000 c. $6,800 d. $7,200
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