Question
11. Consider the following cash flows: Time Period Expected Cash Flows 1 $100 2 $400 3 $500 4 ??CF?? 5 $800 Total Present Value (at
11. Consider the following cash flows:
| Time Period | Expected Cash Flows | |
| 1 | $100 | |
| 2 | $400 | |
| 3 | $500 | |
| 4 | ??CF?? | |
| 5 | $800 | |
| Total Present Value (at a 10% discount rate)= $1,771.99 |
| |
Note that the present value of all five cash flows (including the unknown cash flow at the end of year 4) is $1,771.99. What is the value of the unknown cash flow at period 4? (Worth 2 points)
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Populists Plungers And Progressives
Authors: Cedric B. Cowing
1st Edition
0691621993, 978-0691621999
