Question
The present value of the following cash flow stream is $5,566.27 when discounted at 11 percent annually. What is the value of the missing cash
The present value of the following cash flow stream is $5,566.27 when discounted at 11 percent annually. What is the value of the missing cash flow?
| Year | Cash Flow |
| 1 | $2000 |
| 2 | ? |
| 3 | $1,750 |
| 4 | $1,250 |
A. $1,500
B. $2,500
C. $1,750
D. $2,750
E. $2,250
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
