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The present value (at t=0 ) of the following cash flow stream is $6000 when discounted at 11% annually. That stream consists of payments made
The present value (at t=0 ) of the following cash flow stream is $6000 when discounted at 11% 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 t=1,$2,000 at t=3, and $2,000 at t=4. What is the value of the missing cash flow? 3587.45 2857.55 3026.30 6000
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