Question
Question 2 Consider the following timeline detailing a stream of cash flows: Date 0 1 2 3 Cash Flow $1,000 $2,000 $3,000 FV=7 1
Question 2 Consider the following timeline detailing a stream of cash flows: Date 0 1 2 3 Cash Flow $1,000 $2,000 $3,000 FV=7 1 pts If the current market rate of interest is 8% per year, then the future value (FV) of this stream of cash flows in year 3 is closest to O $6,000.00 O $7,136.73 O $6,326.40 O $5,423.87 O $6,832.51 O $5,022.10
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
