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The present value of the following cash flow stream is $7,500 when discounted at 9 percent annually. What is the value of the missing cash
The present value of the following cash flow stream is $7,500 when discounted at 9 percent annually. What is the value of the missing cash flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Hint: Write the "CFo =, or PVtot = " equation for this, including " X " for the unknown Cash Flow. Then solve for X. IE: Write out the complete version of this equation, including all the numercial values you can. 7,500 = CF1/(1+9%)+X/(1+9%)2+
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