17. Which investor preference is illustrated in the following T-Bars? Investment A EOY 0 1 2 3 4 5 Investment B $ EOY (5500) 0 $100 1 $100 2 $100 3 $100 4 $100 + $10005 S ($1,000) $100 $100 S100 $100 $100 + $1000 A) Larger periodic cash flow. B) Larger sales proceeds C) Lower initial investment amount D) Late returns 18 Which of the following terms are the same as internal Rate of Retum (IRR)? A) Interest Rate B) Discount Rate C) Opportunity Cost D) Investment Yield E) All of the above 19. Suppose you are interested in purchasing the following income producing property at a current market price of $450,000. The prospective buyer has estimated the expected cash flows over the next four years to be as follows: Year 1 - 540,000, Year 2 - $45,000, Year 3 = $50,000, Year 4 - $55.000. Assuming that the required rate of return is 12% and the estimated proceeds from selling the property at the end of year four is $500,000, what is the NPV of the project? 20. Suppose you own a house that you are renting out to a group of college students for the 10 mouth academic year. You are charging 51000 per month in rent. You will collect the first rent payment today and then on the of the month each month thereafter, What is the value of this investment opportunity to you today if you could reinvest your income at an annualized rate of 6%