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An investment, which has an expected return of 18%, is expected to make annual cash flows forever. The first annual cash flow is expected in

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An investment, which has an expected return of 18%, is expected to make annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate of 7.4% per year. The cash flow expected i 1 year from today is expected to be $90000. What is the present value (as of today) of the cash flow that is expected to be made in 10 years from today? O A. $32,693 OB. $38.578 Answer not listed or not possible. OC. OD. 5849,057 O E. $83,799

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