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The present value of the following cash flow stream is $6,765 when discounted at 9 percent annually. Year Cash Flow 1 $ 1,450 2 ?
The present value of the following cash flow stream is $6,765 when discounted at 9 percent annually. |
Year | Cash Flow |
---|---|
1 | $ 1,450 |
2 | ? |
3 | 1,750 |
4 | 2,350 |
What is the value of the missing cash flow? |
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