Question 9 Avocado plants takes two years to mature before they bear fruit. Peter Ip, an owner of an avocado farm, expects that it will produce $1000 in the third year, $1500 the year after, $2000 in the fth year and $2500 per annum thereafter. Interest is 9% per annum compounded annually- (a) What is the discounted value of the constant cash flow stream beginning in the sixth year? (b) What is the present value of the whole cash flow stream