What is the present value of the following cash-flow stream if the interest rate is 6%? Year

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What is the present value of the following cash-flow stream if the interest rate is 6%?

Year               Cash Flow

1............................$200

2..............................400

3..............................300

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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