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Consider the following timeline detailing a stream of cash flows: Date 0 3 4 ? $5000 $6000 $7000 $8000 Cash flow If the current market
Consider the following timeline detailing a stream of cash flows: Date 0 3 4 ? $5000 $6000 $7000 $8000 Cash flow If the current market rate of interest is 7%, then the present value (PV) of this stream of cash flows is closest to: A. $21,731 B. $26,077 C. $10,866 D. $34,770
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