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You are evaluating an investment that promises a series of varying annual payouts over the next five years. Specifically, the investment will yield $ 2

You are evaluating an investment that promises a series of varying annual payouts over the next five years. Specifically, the investment will yield $200 at the end of the first year, $200 at the end of the second year, $300 at the end of the third year, $400 at the end of the fourth year, and then a final payout of $600 at the end of the fifth year. Given the current market conditions, you can expect an annual return of 9.5% on investments carrying a similar risk profile. What is the present value of this investment opportunity, i.e., the total present value of the series of payments you will receive?
A.
$1,318.06
B.
$1,297.16
C.
$1,276.75
D.
$1,256.81
E.
$1,237.31
F.
$1,218.26
G.
$1,199.63
H.
$1,181.43

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