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In the following table, ??? is a missing cash flow. If, at an interest rate of 9.25% p.a., the present value of the following cash

  1. In the following table, ??? is a missing cash flow. If, at an interest rate of 9.25% p.a., the present value of the following cash flow stream is $16,500, what is the missing cash flow?
    1. $4,640.39

Year Cash Flow
1 8,250
2 ???
3 6,400
  1. $5,017.32
  2. $4,461.88
  3. $4,822.43
  4. $4,245.72

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