a. What is the present value of the following set of cash flows, discounted at 10.1% per year? Year CF $9 $18 $27 $45 b. What is the present value of the following set of cash flows, discounted at 10.1% per year? Year CF $45 $36 $27 $9 c. Each set contains the same cash flows ($9, $18, $27, $36, $45), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 10.1% per year? 3 Year CF 5 $45 $9 $18 $27 $36 The present value of the cash flow stream is $ . (Round to the nearest cent.) b. What is the present value of the following set of cash flows, discounted at 10.1% per year? Year CF $45 $36 $27 $18 $9 The present value of the cash flow stream is (Round to the nearest cent.) c. Each set contains the same cash flows ($9, $18, $27, $36, $45), so why is the present value different? (Select the best choice below.) O A. The present value in part (a) is lower because the larger cash flows occur sooner. Click to select your answer(s)