Time Value of Money - Annuity Investor Bob is considering an investment opportunity that will yield the cash flows below. How much is the investment worth today if he seeks a return of 8% on his investment? Today Yr. 1 Yr. 2 Yr. 3 Yr. 4 Yr. 5 Yr. 6 + $???? $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 8% .92593 .85734 .79383 .73503 .68058 .63017 46,228 $9,259 $8,573 $7,938 $7,350 $6,806 $6,302 8%