Question
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 | $700 | |
| 2 years in the future | $500 | |
| 3 years in the future | $? | |
| 4 years in the future | $600 |
What is the dollar amount of the missing future cash flow?
Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 1,000.23. Do NOT use "$" in your answer.
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International Finance Discussion Papers The Information Content Of High Frequency Data For Estimating Equity Return Models And Forecasting Risk
Authors: United States Federal Reserve Board, Dobrislav P. Dobrev, Pawel J. Szerszen
1st Edition
1288724810, 9781288724819
