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4. P6-43 Present and Future Values [LO1] The present value of the following cash flow stream is $6,870 when discounted at 9 percent annually. Year
4.
P6-43 Present and Future Values [LO1]
| The present value of the following cash flow stream is $6,870 when discounted at 9 percent annually. |
| Year | Cash Flow |
|---|---|
| 1 | $ 1,500 |
| 2 | ? |
| 3 | 1,800 |
| 4 | 2,400 |
| What is the value of the missing cash flow? |
Multiple Choice
$2,912.96
$2,855.84
$2,403.70
$2,798.72
$1,170.00
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
