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You will recieve $2,000 a year from time 5 and time 35. (The following time line gives the cash flows.) Using a 10% discount rate,

You will recieve $2,000 a year from time 5 and time 35. (The following time line gives the cash flows.) Using a 10% discount rate, what is the pV of this cash flow stream? 0 1 2 3 4 5 6 7 8 9 ... 34 34 $0 $0 $0 $0 $2000 $2000 $2000 $2000 $2000 ... $2000 $2000

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