Question: You just signed a consulting contract that will pay you a cash flow at the end of each of the next 3 years. The cash
You just signed a consulting contract that will pay you a cash flow at the end of each of the next 3 years. The cash flows are $15,000 (year 1), $23,000 (year 2), and $57,000 (year 3). What is the present value of these cash flows given a 10.5 percent discount rate?
A. $74,658
B. $81,538
C. $93,002
D. $93,721
E. $121,485
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