The present value of the following cash flow stream is $6,550 when discounted at 10 percent annually.
Question:
The present value of the following cash flow stream is $6,550 when discounted at 10 percent annually. What is the value of the missing cash flow?
Year_______Cash Flow
1..................$1,700
2.........................?
3...................2,100
4...................2,800
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted: