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Miss Scatterbrain forgot to record one of the expected cash flows she was going to get from her asset: Year 1 - $1,300 - Year
Miss Scatterbrain forgot to record one of the expected cash flows she was going to get from her asset: Year 1 - $1,300 - Year 2 - ??? Year 3 - $1,900 Year 4 - $2,450 She recalls that the present value of the total cash flow stream is $5,800. What is the value of the missing cash flow amount in Year 2 if the interest rate for a similar asset was yielding 7% p.a. compounded annually? None of the options $1,333.79 $1,214.95 $1.456.12 $1.164.99
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