PV of Year 1 cash flow = $131,748 / (1 + 0.1423)^1 = $115,308.68
PV of Year 2 cash flow = $137,396 / (1 + 0.1423)^2 = $107,238.47
PV of Year 3 cash flow = $137,534 / (1 + 0.1423)^3 = $99,758.67
PV of Year 4 cash flow = $136,972 / (1 + 0.1423)^4 = $92,834.68
PV of
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