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Question 16 (4 points) You bought an investment that is expected to generate the following cash flow stream: $4,000 at end of year 1, $2,000

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Question 16 (4 points) You bought an investment that is expected to generate the following cash flow stream: $4,000 at end of year 1, $2,000 at the end of year 2, and $1,000 at end of year 3. What is the present value of this investment using a discount rate of 3% ? $6,405.99 $7,000.00 $6,884.34 $6,683.83

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