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The present value of the following cash flow stream is $6,710 when discounted at 7 percent annually. Year Cash Flow 1 $ 950 2 ?
| The present value of the following cash flow stream is $6,710 when discounted at 7 percent annually. |
| Year | Cash Flow |
|---|---|
| 1 | $ 950 |
| 2 | ? |
| 3 | 1,250 |
| 4 | 1,850 |
| What is the value of the missing cash flow? |
Multiple Choice
-
$3,959.33
-
$3,804.06
-
$3,881.69
-
$3,390.42
-
$2,660.00
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The Complete Guide To Property Finance
Authors: Richard W J Brown
1st Edition
1739832027, 978-1739832025
