25 Question 26 of 40 < View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. W6 Assignment 2: Parrino Ch 5 a X WP Question 26 of 40 - W6 Assignm X New tab 0/0.3 E You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into its systems and is offering to pay you $486,000 today, plus $486,000 at the end of each of the following six years, for permission to do this. If the appropriate interest rate is 6 percent, what is the present value of the cash flow stream that the company is offering you? (Round factor values to 4 decimal places, e.g. 1.5215 and final answer to 2 decimal places, e.g. 15.25.) Present value 2,389,613.89 eTextbook and Media Save for Later Last saved 1 day ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Using multiple attempts will impact your score. 20% score reduction after attempt 2 Attempts: 1 of 3 used Submit Answer