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What is the present value of the following cash flow stream at a rate of 10.0%? 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 10.0%?

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

a. $13,586
b. $9,850
c. $11,322
d. $11,888
e. $13,473

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