Assume that your required rate of return is 12 percent and you are given the following stream of cash flows:
Year Cash Flow
0 $10,000
1 $15,000
2 $15,000
3 $15,000
4 $15,000
5 $20,000

If payments are made at the end of each period, what is the present value of the cash flow stream?

A. $66,909
B. $57,323
C. $61,815
D. $52,345

answer; ///i believe that the correct answer is (d) ///all of the

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i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

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