Ambrin Corp.expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years.What is the present value of this 20 year cash flow? Use an 11% discount rate.
A) $19,038
B) $27,872
C) $32,391
D) $15,927

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The Answer of Ambrin Corp.expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years.What is the present value of this 20 year cash flow? Use an 11% discount rate.
A) $19,038
B) $27,872
C) $32,391
D) $15,927