Question
The present value (t = 0) of the following cash flow stream is $5,979.04 when discounted at 12 percent annually. What is the value of
The present value (t = 0) of the following cash flow stream is $5,979.04 when discounted at 12 percent annually. What is the value of the missing (t = 2) cash flow?
Periods |--------|--------|--------|---------| period 0-0 period 1-1,000 period 2-? period 3-2,000 period 4-2,000
A. $2,000
B. $2,391
C. $3,000
D. $3,391
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick
1st Edition
0470074280, 9780470074282
