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In an account with an interest rate of 5.1% p.a., but with daily compounding (assume 365 days per year), what is the present value of

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In an account with an interest rate of 5.1% p.a., but with daily compounding (assume 365 days per year), what is the present value of the following cash flow stream? Year 0 1 2 1 3 4 5 6 7 8 Cash Flow $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 M $2,100 8 9

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