Groves Pty Ltd is expecting annual cash flows of $225000, $278000, $312500, and $410000 over the next 4 years. If it uses a discount rate of 6.25 per cent, what will be the present value of this cash flow stream?Groves Pty Ltd is expecting annual cash flows of $225000, $278000, $312500, and $410000 over the next 4 years. If it uses a discount rate of 6.25 per cent, what will be the present value of this cash flow stream?