a. What is the present value of the following set of cash flows, discounted at 9.9% per year? Year 1 5 2 $20 3 $31 4 $42 CF $9 $53 b. What is the present value of the following set of cash flows, discounted at 9.9% per year? Year 1 2 $42 3 $31 4 $20 5 $9 CF $53 c. Each set contains the same cash flows ($9, $20, $31, $42, $53), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 9.9% per year? 4 5 Year CF 1 $9 2 $20 3 $31 $42 $53 The present value of the cash flow stream is $ (Round to the nearest cent.)