To find the present value of a cash flow expected to be paid or received in the future, you will future value cash flow by (1 +I)N the What is the value today of a $42,000 cash flow expected to be received eight years from now based on an annual interest rate of 5%? O $62,053 O $22,742 O $28,427 O $44,062 Your broker called earlier today and offered you the opportunity to invest in a security. As a friend, he you compare the current, or present value, cost of the security and the discounted value of its expected future cash flows before deciding whether or not to invest. The decision rule that should be used to decide whether or not to invest should be: suggested that O Everything else being equal, you should invest if the current cost of the security is greater than the present O Everything else being equal, you should invest if the present value of the security's expected future cash flows O Everything else being equal, you should invest if the discounted value of the security's expected future cash value of the security's expected future cash flows. is less than the current cost of the security. flows is greater than or equal to the current cost of the security