You Are Expecting Annual Cash Flows of $80,000 in Years

You are expecting annual cash flows of $80,000 in years 1-5; $95,000 in years 6-20; and $105,000 in years 21-50. If the rate of interest is 10% compounded annually, calculate the present value of this cash flow stream.

A) $599,058
B) $699,058
C) $799,058
D) $899,058
E) $999,058