What is the value in year 4 of a $1,900 cash flow made in year 5 when interest rates are 11.0 percent? Multiple Choice

 What is the value in year 4 of a $1,900 cash flow made in year 5 when interest rates are 11.0 percent?

$1,711.71

FV = 1,900, N = (5 − 4) = 1, I = 11.0, PMT = 0, CPT PV = 1,711.71

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