26-50 (similar to) (Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: End of Year 1 2 A $ 3,000 4,000 5,000 (6.000) 6,000 Investment B $2,000 2000 2.000 2.000 5,000 $ 5.000 5.000 (5,000 (5,000) 15.000 3 4 5 What is the present value of each of these three investments if the appropriate discount rate is 16 percent? a. What is the present value of investment A at an annual discount rate of 16 percent? $(Round to the nearest cent.)