Cash flow $3,000, $2000, $5000, $6000, $1000
Which of the following statements is correct?
A. The present value of these cash flows discounted at a positive discount rate is $17,000.
B. The present value of $3,000 at a discount rate greater than 0% and at time zero is less than $3,000.
C. The present value of all cash flows is greater if they occur at the beginning of the year rather than at the end of the year at a discount rate greater than 0%.
D. The future value of all the cash flows at the end of year 4 with an interest rate greater than 0% is $17,000.