(Present value of complex cash flows) You have an opportunity 10 make an investment that will pay 5400 at the ond of the first year, $400 at the end of the second year, 5300 at the end of the third year, $300 at the end of the fouith year, and $300 at the eod of the filt year a. Find the present value If the interest rate is 7 percent. (Hint. You can simply bring each cash flow back to the present and then add them up. Anocher way to wark this problem is to ether use the to NPV function in Excel or to use your CF key on a financlal calculator-bu youll want to check your calculator's mianual before you use this key Keop in miad that whith the = NPV function in Excel, there is no inital outtay. That is, all this function does is bring all the future cash flowis back to the present. Wah a financial cakculatoci you should keep in mind that CF0 is the intial outlay or cash flow at time 0 , and because there is no cash flow at time 0,CF0=0.) b. What would happen to the present yalae of this stream of cash fooss if the interest rate were zero percent? a. What is the present value of the investnsent it the interest rate is 7 percent? (Round to the nearest cent)