P 4-1 (similar to) Question Help a. What is the present value of the following set of cash flows, discounted at 9.8% per year? 1 2 3 4 5 Year CF $12 $24 $36 $48 $60 b. What is the present value of the following set of cash flows, discounted at 9.8% per year? 1 3 5 Year CF 2 $48 4 $24 $60 $36 $12 c. Each set contains the same cash flows ($12, $24, $36, $48, $60), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 9.8% per year? 2 3 4 5 Year CF 1 $12 $24 $36 $48 $60 The present value of the cash flow stream is $ (Round to the nearest cent.)