Q1. A contract will produce cash inflows on 4 different dates. These cash inflows are: $1000 after 1 year, $8000 after 3 years, $12 000 after 7 years and $10 000 after 10 years. The required rate of return is 8.5 per cent per annum. a. Calculate the present value. b. Calculate the value as at the end of Year 1, 3, 7 and 10 respectively. c. What is the relationship between these successive valuations