The present value of the following cash flow stream is $6,550 when discounted at 10 percent annually.

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The present value of the following cash flow stream is $6,550 when discounted at 10 percent annually. What is the value of the missing cash flow?

Year_______Cash Flow

1..................$1,700

2.........................?

3...................2,100

4...................2,800

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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