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What Is the Present Value of the Following Mixed Cash

Question 16

Multiple Choice

What is the present value of the following mixed cash flow stream if interest is 6% (rounded) ?
YAAR QASH FLOW 1$5,000240,0003$9,500\begin{array} { | l | l | } \hline Y A A R & \text { QASH FLOW } \\\hline 1 & \$ 5,000 \\\hline 2 & 40,000 \\\hline 3 & \$ 9,500 \\\hline\end{array}


A) $25,370
B) $19,813
C) $21,225
D) $18,750

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