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help me solve this please Score: 0 of 1 pt 1 1 of2 (2 complete)v ) HW Score: 50%, 1 of2 pts Problem 4.L03.9 (similar

help me solve this please

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Score: 0 of 1 pt 1 1 of2 (2 complete)v ) HW Score: 50%, 1 of2 pts Problem 4.L03.9 (similar to) mouse-on Help c} Wally, president of Waily's Burgers, is considering franchising. He has a potential franchise agreement that would allow him to receive 12 end-ofyear payments starting one year from now. The rst two payments would be $26,000 and $22000 in one and two years respectively, and then $15,000 per year after that for 10 years. If Wally requires a return of 10.7%, what is the present value of this stream of cash ows? What is the present value of this stream of cash ows? $ (Round to the nearest cent.)

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