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a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year 3 $31 CF $21 b. What

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a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year 3 $31 CF $21 b. What is the present value of the following set of cash flows, discounted at 9.3% per year? 2 Year CF - $51_ 3 $31 $41 c. Each set contains the same cash flows ($11, $21, $31, $41, $51), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year CF $11 $21 - $31 The present value of the cash flow stream is $| (Round to the nearest cent.)

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