What Is the Most You Should Pay to Receive the Following

Multiple Choice

What is the most you should pay to receive the following cash flows if you require a return of 12 percent? $\begin{array}{ll}\text { Year 1 } & \$ 5,000 \\\text { Year 2 } & \$ 8,000 \\\text { Year 3 } & \$ 12,000 \\\text { Year 4-10 } & \$ 15,000\end{array}$

A) $58,580
B) $104,135
C) $68,105
D) None of the above