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The Present Value (T = 0)of the Following Cash Flow

Question 34

Multiple Choice

The present value (t = 0) of the following cash flow stream is $5,979.04 when discounted at 12 percent annually.What is the value of the missing (t = 2) cash flow? The present value (t = 0) of the following cash flow stream is $5,979.04 when discounted at 12 percent annually.What is the value of the missing (t = 2) cash flow? A) $2,000 B) $2,391 C) $3,000 D) $3,391 E) $4,237


A) $2,000
B) $2,391
C) $3,000
D) $3,391
E) $4,237

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