Question: The previous financial manager had been evaluating the cash flows of a proposed project. The present value of the following cash stream is $9,300 when
The previous financial manager had been evaluating the cash flows of a proposed project. The present value of the following cash stream is $9,300 when discounted at 10%.
Year 1 - Cash Flow $1,800
Year 2 - Cash Flow _______?
Year 3 - Cash Flow 2,900
Year 4 - Cash Flow 3,100
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