Your firm has an unusual investment opportunity that is expected to provide $45,000 two yearsfrom now, $25,000 four years from now, and $60,000 six years from now. If your firm's

opportunity cost is 14%, what is the present value of these cash flows?

a) $76,763 d) $87,510 b) $59,226 e) $67,336 c) $49,428

Please provide step by step explanation