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nmmanning71
Mar 11, 2013, 10:36 PM
1. The present value of a cash flow stream is $11,958.20. Using a discount rate of 12% what would be the missing cash flow in year 2?

Year Cash Flow
1 $2,000
2 ??
3 $4,000
4 $4,000

a. $4000 b. $4500 c. $5000 d. $5500 e. $6000

silverdragon
Apr 5, 2013, 12:01 PM
A. $4000