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The present value (at n=0) of the following cash flow stream is $5,979.04 when discounted at 12% annually. That stream consists of payments made at
The present value (at n=0) of the following cash flow stream is $5,979.04 when discounted at 12% annually. That stream consists of payments made at the end of each of four periods. One of the payments, the second one, is missing. The others are $1,000 at n=1, $2,000 at n=3, and $2,000 at n=4. What is the value of the missing cash flow?
If possible, could you show me how to do this problem in excel?
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