Question: i have the answer but do not understand how it was calculated 5) Consider the following timeline: Date 5) 0 2 3 $40 $80 $100

i have the answer but do not understand how it was calculated
i have the answer but do not understand how it was calculated

5) Consider the following timeline: Date 5) 0 2 3 $40 $80 $100 -$150 Cash flow If the current market rate of interest is 13%, then the value of all the cash flows as of year 1 is closest to A) $70 B) $19.61 C) $167.35 D) $98.7 nedarbe folladamalino

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