Question: Term in years: 1 2 3 4 5 Rate: 1.8% 2.25% 2.30% 2.66%3.13% The table above shows the interest rates available from investing in risk-free

 Term in years: 1 2 3 4 5 Rate: 1.8% 2.25%

Term in years: 1 2 3 4 5 Rate: 1.8% 2.25% 2.30% 2.66%3.13% The table above shows the interest rates available from investing in risk-free Government of Canada securities with different investment terms. What is the present value (PV) of cash flows from an investment that yields $4000 at the end of each year for the next four years? A) $15,093 B) $14.990 OC) $14,822 D) $14,956 E) $14,898

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