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The present value of the following cash flow stream is $6200 when discounted 9 percent annually. What is the value of the missing cash flow?
The present value of the following cash flow stream is $6200 when discounted 9 percent annually. What is the value of the missing cash flow?
Year 1- $1300
Year 2- ?
Year 3- $1950
Year 4- $2640
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