=+LG 4 P537 Relationship between future value and present value: Mixed stream The table below shows a
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=+LG 4 P5–37 Relationship between future value and present value: Mixed stream The table below shows a mixed cash flow stream starting in 1 year, except that the cash flow for year 3 is missing.
Suppose you somehow know that the present value of the entire stream is $32,911.03 and that the discount rate is 4%. What is the amount of the missing cash flow in year 3?
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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