A)

Gomi Waste Disposal is planning to sell its Columbus, Memphis, and Detroit facilities. The firm expects to sell each of the three facilities for the same, positive cash flow of W dollars. The firm expects to sell its Detroit facility in Z years, its Columbus facility in Z years, and its Memphis facility in T years. The cost of capital for the Detroit facility is Q percent, the cost of capital for the Memphis facility is Q percent, and the cost of capital for the Columbus facility is P percent. We know that T > Z > 0 and Q > P > 0. The cash flows from the sales are the only cash flows associated with the various facilities. Based on the information in the preceding paragraph, which one of the following assertions is true?

The Memphis facility is the most valuable of the 3 facilities

The Detroit facility is the most valuable of the 3 facilities

None of the other assertions is true

Two of the three facilities have equal value and those two facilities are more valuable than the third facility or all three facilities have the same value

The Columbus facility is the most valuable of the 3 facilities

B)

Based on the information in the table, which one of the assertions is true?

Investment	Present value of expected cash flow	Expected cash flow	When expected cash flow is expected	Expected annual return
A	?	41,899 dollars	in 5 years	13.01 percent
B	?	53,453 dollars	in 12 years	7.42 percent
C	12,480 dollars	17,603 dollars	in 4 years	?
D	11,749 dollars	24,985 dollars	in 8 years	?

		Investment B is more valuable than investment A and investment C is riskier than investment D
		Investment A is more valuable than investment B and investment C is riskier than investment D
		Investment B is more valuable than investment A and investment D is riskier than investment C
		Investment A is more valuable than investment B and investment D is riskier than investment C

C) Sasha owns two investments, A and B, that have a combined total value of 42,300 dollars. Investment A is expected to pay 29,900 dollars in 3 year(s) from today and has an expected return of 5.61 percent per year. Investment B is expected to pay 27,539 dollars in T years from today and has an expected return of 3.64 percent per year. What is T, the number of years from today that investment B is expected to pay 27,539 dollars? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).