Question 1 Consider an investment with the following cash flows: Year Cash Flow 1 1,000 2 1,000 3 1,000 4 2,000 5 3,000 h What is the present value of these cash flows if the interest rate is 6%? 0 4,968.96 0 6.498.97 0 7.587.98 HEF O 2,546.65 If the interest rate is 4%, what is the present value of the following cash flows? Year Cash Flow 1 0 2. 0 3 250 4 250 5 250 6 400 7 500 2.323.54 0 1,337.52 w O 3.231.55 0 4.332.51