Value of a mixed stream Harte Systems, Inc., a maker of electronic surviance equipment, is considering seling the rights to market its home security system to a well-known hardware chain. The proposed deal calls for the hardware chain to pay Harte $34,000 and $27.000 at the end of years 1 and 2 and to make annual year-end payments of $16,000 in years 3 through 9. A final payment to Harte of $25,000 would be due at the end of year 10 a. Select the time ine that represents the cash flows involved in the offer. b. If Harte applies a required rate of return of 11% to them, what is the present value of this series of payments? c. A second company has offered Harte an immediate one-time payment of $120,000 for the rights to market the home security system. Which offer should Harte acompt? A 0 1 2 10 $34,000 $27,000 $16,000 $16,000 $25,000 10 B 0 $25,000 $16,000 $27,000 2 3 $27,000 $34,000 9 10 OC 0 correct $16,000 $25,000 $34,000 $27,000 - 316,000 2 3 OD 0 10 - $34,000-$27,000-$10,000 - $16,000-$25,000 b. The present value of the mixed stream of cash flows involved in the offer is $ 67030 84 (Round to the nearest dollar)