Value of a mixed stream Harte Systems Inc., a maker of electronic surveillance equipment, is considering selling 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 $30,000 and $25,000 at the end of years 1 and 2 and to make annual yearend payments of $15,000 in years 3 through 9. A final payment to Harte of $10,000 would be due at the end of year 10 . a. Lay out the cash flows involved in the offer on a timeline. b. If Harte applies a required rate of return of 12% 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 $100,000 for the rights to market the home security system. Which offer should Harte accept