Question: 28. Five years from now you will begin to receive cash flows of $75 per year. These cash flows will continue forever. If the discount

 28. Five years from now you will begin to receive cash

28. Five years from now you will begin to receive cash flows of $75 per year. These cash flows will continue forever. If the discount rate is 6%, what is the present value of these cash flows? A) $ 799.68 B) $ 894.22 C) $ 934.07 D) $ 990.12 E) $1,104.67

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