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
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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
A. $4000
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