Assume $10,000 is the present value of the cash flows shown below at a discount rate of 10%. If the three missing cash flows are equal amounts, then the missing cash flow is 0 10% 1 2 ? ? 3 ? 4 $11,000 Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Numeric Response

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Assume $10,000 is the present value of the cash flows shown below at a discount rate of 10%.
If the three missing cash flows are equal amounts, then the missing cash flow is
0 10%
1
2
?
?
3
?
4
$11,000
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
Numeric Response
Transcribed Image Text:Assume $10,000 is the present value of the cash flows shown below at a discount rate of 10%. If the three missing cash flows are equal amounts, then the missing cash flow is 0 10% 1 2 ? ? 3 ? 4 $11,000 Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Numeric Response
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