Use the following information to calculate the present value (PV) of $50 of cash money that you expect to receive in exactly two years (note: you expect to receive nothing at the end of year 1 and $50 at the end of year 2).

CF = equals cash flow received after two years = $50 n = number of years when you will receive the cash flow = 2 i = the annual interest rate or annual yield to maturity = 8%

PV=?

PV = ?