An Investment Promises the Following Cash Flow Stream: $750 at Time

question 115

Multiple Choice

An investment promises the following cash flow stream: $750 at Time 0; $2,450 at the end of Year 1 (or at t = 1) ; $3,175 at the end of Year 2; and $4,400 at the end of Year 3.At a discount rate of 8.0%,what is the present value of the cash flow stream?

• A)$7,916.51
• B)$8,333.17
• C)$8,771.76
• D)$9,233.43

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The pair of a complex number, changing the sign of its imaginary part.