An investment opportunity is available to the Smith Company that would result in the Smith Company receiving $133,100 at the end of three years. Assuming the cost of capital to Smith Company is 10%, what amount should Smith be willing to invest today to take advantage of this opportunity?

Select one:

a. $133,100

b. $121,000

c. $110,000

d. $100,000

e. $44,366.67

f. $33,100

g. None of the above