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6-50. (Calculating the present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three

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6-50. (Calculating the 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 A B C 1 $2,000 $2,000 $5,000 2 3,000 2,000 5,000 4,000 2,000 (5,000) (5,000) 2,000 (5,000) 5 5,000 5,000 15,000 What is the present value of each of these three investments if the appropriate dis- count rate is 10 percent? 3 4

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