17) Durant wants to know the current value of $10,000 he expects to receive in four years. Which of the following is the correct set up of the problem? Assume a five percent discount rate. a) Present Value = $10,000 1.054 b) Present Value = $10,000 / 1.054 c) Present Value = $10,000 X 1.05 X 4 d) Present Value = $10,000 / 1.20