What is the present value of the following set of cash flows, discounted at 9.3% per year? What is the present value of the following set of cash flows, discounted at 9.3% per year? . Each set contains the same cash flows ($11, $19, $27, $35, $43), so why is the present value different? What is the present value of the following set of cash flows, discounted at 9.3% per year?