$25,461.46 $48,000.14 $38,240.89 $53,433.76

Question 21 (4 points) You are valuing an investment that will pay you $26,000 per year for the first 7 years, $31,000 per year for the next 8 years, $44,000 per year the next 14 years, and $36,000 per year for the following 9 years (all payments are at the end of each year). If the appropriate annual discount rate is 15.00%, what is the value of the investment to you today?

Question 21 options: $860,967.01 $151,227.00 $1,370,000.00 $194,404.17 $1,525,084.00