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11) What would you pay for the following investment if your opportunity cost of risk is 5.5%? You will receive $970 today, $1,300 in four

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11) What would you pay for the following investment if your opportunity cost of risk is 5.5%? You will receive $970 today, $1,300 in four years, $800 in seven years, and after that starting in year nine receive payments of $3,000 a year for six years. A) $12,334.58 B) $11,564.58 C) $9,321.62 D) $12,670 E) $21,070

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