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What Is the Most You Should Pay to Receive the Following

Question 44

Multiple Choice

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

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