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The present value of the following cash flow stream is $6,970 when discounted at 6 percent annually. Year Cash Flow 1 $ 1,250 2 ?
The present value of the following cash flow stream is $6,970 when discounted at 6 percent annually. Year Cash Flow 1 $ 1,250 2 ? 3 1,550 4 2,150 What is the value of the missing cash flow? Multiple Choice $3,130.74 $2,020.00 $3,193.35 $3,068.12 $2,786.34
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