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7. You receive the following cash flows: 1 -2,500 2 -3,500 4 2,000 6 7,000 Assuming that the current interest rate is 0.02, calculate the

7. You receive the following cash flows: 1 -2,500 2 -3,500 4 2,000 6 7,000 Assuming that the current interest rate is 0.02, calculate the first-order modified approximation of the present value after a 100 basis point increase. (A) 1850.27 (B) 1860.95 (C) 1870.43 (D) 1880.38 (E) 1900.32

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