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The present value of the following cash flow stream is $6,850 when discounted at 8 percent annually. Year Cash Flow 1 $900 2 ? 3
The present value of the following cash flow stream is $6,850 when discounted at 8 percent annually.
Year Cash Flow
1 $900
2 ?
3 1,200
4 1,800
What is the value of the missing cash flow?
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