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What is the present value of the following uneven stream of cash flows : Year CF (in dollars) 0 0 1 8,000 2 12,000 3

What is the present value of the following uneven stream of cash flows :

Year CF (in dollars)

0 0

1 8,000

2 12,000

3 18,000

4 52306.40

5 19,000

6 19,000

7 19,000

8 8,000

Assume an interest rate of 8%.

(Points : 4)

$72,297.23 $110,744 $56,980 $34,678 $102,345

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