Consider the following cash flow stream. What is the correct way to find the present value of this cash flow stream at a 10% discount rate?

0 1 2 3 4 5 6 7 8 9 10

|----------|----------|----------|----------|----------|----------|---------|----------|----------|----------|

PV=? $35 $35 $35 $35 $35 $35 $20 $20 $20 $20

A. PV = 35 [PVIFA(10%, 6)] + 20 [PVIFA(10%, 4)]
B. PV = 20 [PVIFA(10%, 10)] + 15 [PVIFA(10%, 6)]
C. PV = 35 [PVIFA(10%, 10)] 15 [PVIFA(10%, 4)]
D. PV = 35 [PVIFA(10%, 6)]/(1.10)6 + 20 [PVIFA(10%, 4)]