Question
The present value of the following cash flow stream is $8,800 when discounted at 9.8 percent annually. What is the value of the missing cash
The present value of the following cash flow stream is $8,800 when discounted at 9.8 percent annually. What is the value of the missing cash flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
| Year | Cash Flow | |||||
| 1 | $ | 2,400 | ||||
| 2 | ||||||
| 3 | 3,000 | |||||
| 4 | 3,600 | |||||
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Airline Management Finance
Authors: Victor Hughes
1st Edition
1138610690, 978-1138610699
