Use the following information to answer the following two questions:

What is the present value of the following cash flow stream at a rate of $8\mathrm{.}25\%?$

Years $01234$

CFs $$0$ $$100$ $$0$ $$200$ $$300,$ The $($net$)$ present value is calculated by:

Group of answer choices

Compounding each cash flow separately

Discounting the cash flows back one period at a time

The value of the individual number of loan payments