Question 11

1. What is the sum of the present values of the following cash flows at 13 percent annual rate of return? (Hint: Calculate the PV of each cash flow and add or subtract depending on the sign of the cash flow.)

   Year	0	1	2	3	4	5
   Cash Flow	-750	450	350	150	125	-100

   	A.	26.33
   	B.	60.27
   	C.	15.56
   	D.	37.37
   	E.	48.68
   	F.	72.15