Question: The following table, shows a mixed cash flow stream, except that the cash flow for year 3 is missing, Suppose that somehow you know that
The following table, shows a mixed cash flow stream, except that the cash flow for year 3 is missing, Suppose that somehow you know that the present value of the entire stream is $32911.03 and the discount rate is 4%. What is the amount of the missing cash flow in year 3?
| Year 1 | $10,000 |
| Year 2 | $5,000 |
| Year 3 | |
| Year 4 | $20,000 |
| Year 5 | $3,000 |
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