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You are told you will receive a cash flow stream that gives you $2,150 at time 1,$2,750 at time 3 , and $3,350 at time
You are told you will receive a cash flow stream that gives you $2,150 at time 1,$2,750 at time 3 , and $3,350 at time 4 . The present value (at time 0 ) of this cash flow stream is $8,550. The discount rate is 9.3 percent annually. What is the value of the missing cash flow at time 2? Show all your steps
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