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Assume that the interest rate is 8.0% per year and you expect to receive the following stream of annual cash flows (The year 0 cash

Assume that the interest rate is 8.0% 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: $15,400); (Year 1: $20,400); (Year 2: $12,800); (Year 3: $19,000); (Year 4: $9,200); What is the current Present Value (PV0) of the stream of cash flows?"

"$67,108 "
"$76,800 "
"$62,137 "
"$64,218 "
"$68,450 "
"$67,743 "

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