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What is the present value of each of the following set of cash flows, discounted at 10% per year? If each set contains the same

  1. What is the present value of each of the following set of cash flows, discounted at 10% per year? If each set contains the same cash flows ($15, $17, $20, $40, and $60) also explain why the present value for set A and set B are different.

Year

1

2

3

4

5

CF

$15

$17

$20

$40

$60

b.

Year

1

2

3

4

5

CF

$60

$40

$20

$17

$15

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