a. What is the present value of the following set of cash flows, discounted at 10.6% per year? $22 b. What is the present value of the following set of cash flows, discounted at 10.6% per year? $52 $42 Year b. What is the present value of the following set of cash flows, discounted at 10.6% per year? Year CF $52 c. Each set contains the same cash flows ($12, $22, $32, 942, $52), so why is the present value different