7. APR stands for A. B. C. D. E. Average percent rate Average percentage rate Annual proxy rate Annual percentage record None of the above 8. What is the present value of the following cash flows, assuming a 7% opportunity cost? Assume the cash flows occur at the end of the stated years. Year 1 2 3 4 Cash Flow $100 $2,000 $1,000,000 $5,000,000 A. $2,002,100 $4,003,200 C. $4,062,366.39 D. $4,632,614.27 None of the above B. E