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The present value of the following cash flow stream is $2,487.24 when discounted at 12 percent...

The present value of the following cash flow stream is $2,487.24 when discounted at 12 percent annually. What is the value of the missing (t=2) cash flow?

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Answer: Present value of Cash Flows $2487.24. Discount Role = 12% p.a Value of Cash flows = 9 Time period of Cash flow streom

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