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The Present Value of all four of the following future cash flows is $3,000 when discounted at 5 percent annually. 1 year in the future
The Present Value of all four of the following future cash flows is $3,000 when discounted at 5 percent annually.
| 1 year in the future | $600 | |
| 2 years in the future | $? | |
| 3 years in the future | $800 | |
| 4 years in the future | $700 |
What is the dollar amount of the missing future cash flow?
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High Frequency Financial Econometrics
Authors: Yacine Aït Sahalia, Jean Jacod
1st Edition
0691161437, 978-0691161433
