What is Uneven Cash Flow Stream?

Uneven Cash Flow Stream  

Any series of cash flows that doesn’t conform to the definition of an annuity is considered to be an uneven cash flow stream.

For example, a series such as: $100, $100, $100, $200, $200, $200 would be considered an uneven cash flow stream. However, you might also note that it is also a series of two consecutive annuities (a 3-period $100 annuity followed by a 3-period $200 annuity).

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