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What is the present value of the following cash flow stream at a rate of 18.5%? Years 0 1 2 3 4 CFs $0 $1,500

What is the present value of the following cash flow stream at a rate of 18.5%?

Years

0

1 2 3 4
CFs $0 $1,500 $3,000 $4,000 $6,000

Select one:

a. $9,149.38

b. $10,247.31

c. $7,228.01

d. $8,051.45

e. $8,325.94

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