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10)Use the 10-year cash flow time line below to answer questions 10 and 11: 0 1 2 3 4 5 6 7 8 9 10

10)Use the 10-year cash flow time line below to answer questions 10 and 11:

0 1 2 3 4 5 6 7 8 9 10

$0 $100 $100 $100 $100 $100 $100 $0 $100 $100 $200

Which of the following comes closest to the present value of the cash flow stream if the interest rate is 6%

a. $ 659

b. $ 629

c. $ 691

d. $ 725

e. $ 763

11)Which of the following comes closest to the value at the end of year 10 of the cash flow stream if the interest rate is 6%

a. $ 1,359

b. $ 1,242

c. $ 1,299

d. $ 1,423

e. $ 1,490

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