Consider the following timeline detailing a stream of cash flows: Date 0 2 3 $100 $100 $200 $200 ? Cash flow If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to: $674 $600 $460 $287 What is the PV of an investment that will pay you $1,500 every year, forever, starting in one year's time, if the interest rate is 8 %? A) $15,000 $ B) $12,000 C) $25,000 D) $18,750