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Assume that the interest rate is 2% per year and you expect to receive the following stream of annual cash flows (The year 0 cash
Assume that the interest rate is 2% per year and you expect to receive the following stream of annual cash flows (The year 0 cash flow occurs today and the year 4 cash flow occurs exactly 4 years from today): (Year 0: $17,250): (Year 1: $800): (Year 2: $36,500): (Year 3: $4,100): (Year 4: $27,500). What is the current present value of the stream of cash flows?
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