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Ambrin Corp. expects to receive $6,000 per year for 14 years and $7,500 per year for the next 14 years. What is the present value

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Ambrin Corp. expects to receive $6,000 per year for 14 years and $7,500 per year for the next 14 years. What is the present value of this 28 year cash flow? Use an 12% discount rate. Use Appendix D. (Round "PV Factor" to 3 decimal places. Round your Intermediate calculations to the nearest dollar value.) Multiple Choice $89,478 $49,959 none of these 559,901

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