A man named Carlos, dressed in a red tie and cowboy boots, shows up at Wahid's office and makes the following business proposition: "I've got the best screenplay development software on the market. It's guaranteed to boost your revenues by $$4,000$ by the end of the year. III lease it to you for the year for $$3,800,$ cash up front."

What is the present value of the investment if the interest rate is $3$ percent?

A$.$ $$4,003$

B$.$ $$4,120$

C$.$ $$3,883$

D$.$ $$3,994$

Is it a smart investment?

A$.$ No$,$ because the price of the investment today is less than the present value of investment's stream of future revenues.

B$.$ No$,$ because the present value of investment's stream of future revenues is greater than the price of the investment today.

C$.$ Yes, because the price of the investment today is greater than the present value of investment's stream of future revenues.

D$.$ Yes, because the present value of investment's stream of future revenues is greater than the price of the investment today,