Question: At a rate of 8 percent, determine the present value of the following cash flow stream? $0 at Time 0; $100 at the end of Year 1; $300 at the end of Year 2; $0 at the end of Year 3; & 500 dollar at the end of Year 4?
[A] $788.32
[B] $701.15
[C] $690.49
[D] $717.31
[E] $625.54