Relationship between future value and present value: Mixed stream The table below shows a mixed cash flow
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Relationship between future value and present value: Mixed stream The table below shows a mixed cash flow stream starting in one year, except that the cash flow for year 4 is missing.
You have been informed that the present value of the entire stream, if calculated using a 5% discount rate, is £92,247.52. What is the amount of the missing cash flow in year 4?
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292400648
16th Global Edition
Authors: Chad Zutter, Scott Smart
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