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The present value of the following cash flow stream is $6,805 when discounted at 6 percent annually. Year Cash Flow 1 $1,150 2 ? 3
| The present value of the following cash flow stream is $6,805 when discounted at 6 percent annually. |
| Year | Cash Flow |
| 1 | $1,150 |
| 2 | ? |
| 3 | 1,450 |
| 4 | 2,050 |
| | |
Required:
| What is the value of the missing cash flow? |
rev: 09_17_2012, 03_15_2016_QC_CS-45092
$2,155.00
$3,169.99
$2,878.85
$3,234.68
$3,299.37
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
