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The present value (t=0) of the following cash flow stream is $679.23 when discounted at 9% annually. What is the value of the missing (t=3)
The present value (t=0) of the following cash flow stream is $679.23 when discounted at 9% annually. What is the value of the missing (t=3) cash flow?
0 1 2 3 4
$0 $200 $300 ? $500
Select one:
a. $315
b. $400
c. $429
d. $389
e. $327
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