Present and Future Values The present value of the following cash flow stream is $6,700 when discounted at 7.1 percent annually. What is the value of the missing cash flow? Year Cash Flow Years Cash flow 1 $1,40 2 ? 3 2,300 4 2,700
Present and Future Values The present value of the following cash flow stream is $6,700 when discounted at 7.1 percent annually. What is the value of the missing cash flow? Year Cash Flow Years Cash flow 1 $1,40 2 ? 3 2,300 4 2,700
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1MC
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39. Present and Future Values The present value of the following cash flow stream is $6,700 when discounted at 7.1 percent annually. What is the value of the missing cash flow? Year Cash Flow
Years |
Cash flow |
1 |
$1,40
|
2 |
? |
3 |
2,300 |
4 |
2,700
|
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