Find the net present value (NPV) of the following cash flows when the discount rate is 3% pa: $70,000 immediately (t=0); $80,000 in 1 year (t=1); and $60,000 in 1.5 years (t=1.5). The net present value of these payments is: Select one: a. $2,333,333.39 b. $215,120.15 c. $214,364.64 d. $210,000 e. $205,067.73