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. What is the net present value of the following set of cash flows at a discount rate of 7 percent? At 20 percent? Time

. What is the net present value of the following set of cash flows at a discount rate of 7 percent? At 20 percent?

Time period Cash Flow

0 --$17,000

1 4,500

2 8,700

3 11,900

A.

$4,518.47; $628.30

B.

$4,518.47; -$321.76

C.

$4,518.47; -$525.13

D.

$4,722.09; $504.21

E.

$4,722.09; -$418.05

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