Please write your solutions (show all work!) on a sheet of paper, and upload the answer below. Part A: Consider an investment with the cash flows listed below. If your required rate of return is 6% (compounded annually) what is the present value of this stream of cash flows? (7 points) Year 1: $300 Year 2: $300 Year 3: $0 Year 4: $300 Year 5: $300 Part B: Would you be willing to purchase this investment today for $1,000? Why or why not? (3 points) Part C: What is the future value (in year 5) of this stream of cash flows? (7 points) Part D: Now suppose the required rate of return is 6% compounded quarterly. What is the Effective Annual Rate? (5 points) Part E: What is the present value of the stream of cash flows using 6% compounded quarterly? (8 points)