question archive Consider the sale of some property where the seller agrees to accept a cash flow stream rather than a one-time up-front payment

Consider the sale of some property where the seller agrees to accept a cash flow stream rather than a one-time up-front payment

Subject:FinancePrice:2.87 Bought7

Consider the sale of some property where the seller agrees to accept a cash flow stream rather than a one-time up-front payment. What was the seller's selling price if the cash flow stream accepted, at a required return of 6% was as follows:

  $1,000 $2,000 $2,000 $2,000
0 1 2 3 4

Seller's Selling Price?_______

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