q6

Assume that the interest rate is 10.0% per year and you expect to receive the following stream of annual cash flows (The year 0 cash flow occurs today and the year 4 cash flow occurs exactly 4 years from today): (Year 0: $14,200); (Year 1: $23,200); (Year 2: $12,400); (Year 3: $20,000); (Year 4: $10,600); What is the current Present Value (PV0) of the stream of cash flows?"

"$67,805 "

"$69,161 "

"$61,641 "

"$80,400 "

"$68,778 "

"$64,885 "