a. What is the present value of the following set of cash flows, , discounted at 9.4% per year? b. What is the present value of the following set of cash flows, discounted at 9.4% per year? c. Each set contains the same cash flows ($10,$22,$34,$46,$58), so why is the present value different? a. What is the present value of the following set of cash flows, , discounted at 9.4% per year? 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 9.4% per year? The present value of the cash flow stream is (Round to the nearest cent.) c. Each set contains the same cash flows ($10,$22,$34,$46,$58), so why is the present value different? (Select the A. The present value in part (b) is lower because the larger cash flows occur sooner. B. The present value in part (b) is higher because the larger cash flows occur sooner. C. The present value in part (a) is higher because the larger cash flows occur sooner. D. The present value in part (a) is lower because the larger cash flows occur sooner. 4. Cuestion 5 of 28 3 Data table Bethany Ocamp Question 5 of 26 This test: 26 point(s) possible This question: 1 point(s) possible 5 the present value of the following set of cash flows, ,discounted at 9.4% per year? 5 the present value of the following set of cash flows, , discounted at 9.4% per year? et contains the same cash flows ($10,$22,$34,$46,$58), so why is the present value different? the present value of the following set of cash flows, , discounted at 9.4% per year? Data table (Click on the following icon bb in order to copy its contents into a spreadsheet.)