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What is the present value of the following cash flow stream if the discount rate is 6%? Time Period Cash Flow 0 0 1 40
What is the present value of the following cash flow stream if the discount rate is 6%?
| Time Period | Cash Flow |
| 0 | 0 |
| 1 | 40 |
| 2 | 2,026 |
| 3 | 1,781 |
| 4 | 1,761 |
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
