Assume the New Zealand Powerball’s milliondollar payout provides for NZ\($2\) million to be paid over 19 years in 20 payments of NZ\($100,000\) each. The first NZ\($100,000\) payment is made immediately, and the remaining NZ\($100,000\) payments occur at the end of each of the next 19 years. If 8 percent is the appropriate discount rate, what is the present value of this stream of cash flows? If 16 percent is the appropriate discount rate, what is the present value of the cash flows?