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You are given that the present value (value at time t = 0) of the following cash flow stream is $15,750. The appropriate discount rate
You are given that the present value (value at time t = 0) of the following cash flow stream is $15,750. The appropriate discount rate is 7.4 percent. What is the missing cash flow? please explain calculations. Year Cash Flow 1 $4,200 2 $4,200 3 ???? 4 $3,700 5 $3,700
A. $6,345.25 B. $5,100.52 C. $4,921.77 D. $3,503.46
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