Annual cash flows from two competing investment opportunities are given. Each investment opportunity will require the same initial investment. (Click the icon to view the competing investment opportunities.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Annuity of $1 table.) Requirement 1. Assuming a 16% interest rate, which investment opportunity would you choose? Begin by computing the present value of each investment opportunity. (Assume that the annual cash flows occur at the end of each year. If using p intermediary computations and your final answer to the nearest whole dollar.) The present value of investment opportunity A is Data table The present value of investment opportunity B is Present Value of $1 Present Value of Annuity of $1