A senies of cash nlows may not always necasanily be an annulty. Cash nows can also be uneven and varkable in amount but the concept of the time value or money will continue to apply. Consider the following rase: The Purple Uon Beverage Company expets the following cesh nows from its manufacturing plant in Palau over the next nive years: The GOO of the compery believe that an appropriate annual interet rete on this investrent is 6.5%. What is the preent value of this uneven cash now stream, rounded to the nearest whole dollar? (Note: Do not round your intermediste calculations.) $1,692,500 $1,475,000 $467,500 $1,051,448