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The present value of the following cash flow stream is $6,725 when discounted at 7 percent annually. Year Cash Flow 1 $ 1,150 2 ?
| The present value of the following cash flow stream is $6,725 when discounted at 7 percent annually. |
| Year | Cash Flow |
|---|---|
| 1 | $ 1,150 |
| 2 | ? |
| 3 | 1,450 |
| 4 | 2,050 |
| What is the value of the missing cash flow? |
Multiple Choice
$3,389.73
$3,323.26
$2,075.00
$2,902.67
$3,256.80
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Handbook Of Anti Money Laundering
Authors: Dennis Cox
1st Edition
0470065745, 978-0470065747
