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value of the missing cash flow

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The present value of the following cash flow stream is $6,785 when discounted at 10 percent annually. What is the value of the missing cash flow?

Year Cash Flow
1 $1,500
2 ?
3 $1,800
4 $2,400

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Solution Summary

The value of the missing cash flow is determined.

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PV of Year 1 CF: 1500/1.10 = $1,363.64

PV of Year 3 CF: 1800/1.10^3 = ...

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