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The present value of the following cash flow stream is $6,995 when discounted at 9 percent annually. Year Cash Flow 1 $1,250 2 ? 3
| The present value of the following cash flow stream is $6,995 when discounted at 9 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
-
$3,790.96
-
$2,045.00
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$3,128.21
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$3,642.30
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$3,716.63
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FINA 6201 Financial Theory And Policy Emery Trahan
Authors: Emery Trahan
1st Edition
1609270754
