Question
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 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?
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3026.30
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6000
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3587.45
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2857.55
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Emotions In Finance Booms Busts And Uncertainty
Authors: Jocelyn Pixley
2nd Edition
1107633370, 978-1107633377
