D will have the following cash flows and expected interest rates: What is the present value of D's cash flows? Year Cash flows Expected Interest Rates Year 1 $200 4.000% Year 2 $200 3.000% Year 3 $200 3.000% Year 4 $200 5.772% Year 5 $400 4.000% Year 6 $400 5.000% Year 7 $400 7.000% Answer $