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 14% 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 present value tables, use factor amounts rounded to three decimal places, X XXX Round intermediary computations and your final answer to the nearest whole dollar) The present value of investment opportunity Ais $ and the present value of investment opportunity B is $ should be chosen because the present value of cash flows is Investment opportunity opportunity than the present value of investment Data Table Investment Year $ 10,000 $ 9,000 11,000 30,000 $ 10,000 10,000 10,000 30,000 Print Done nua initial A Present Value of $1 1 Present Value of $1 8% Periods 4% 5% 6% 7 % 10% 12% 14% | 16% As gin each ng hd your we e po BaCOWN invest estr sort 0.962 0.952 0.943 0.925 0.907 0.890 08890.864 0.840 0.855 0.823 0.792 0.822 0.784 0.747 0.790 0.746 0.705 0.760 0.711 0.665 0.731 0.677 0.627 0.703 0.645 0.592 0.676 0.614 0.558 110 .650 0.585 0.527 12 0.625 0.557 0.497 13 0.601 0.530 0.469 14 0.577 0.505 0.442 15 0.555 0.4810417 16 0.534 0.458 0.394 17 0.5130.436 0.371 18 0.494 0.4160.350 190.475 0.396 0.331 20 0 .456 0.377 0.312 0.935 0.926 0.873 0.857 0.816 0.794 0.763 0.735 0.713 0.681 0.6660.630 0.623 0.583 0.582 0.540 0.544 0.500 0.5080.463 0.475 0.429 0.444 0.397 0.415 0.368 0.388 0.340 0.3620315 0.3390.292 0.317 0.270 0.296 | 0.250 02770.232 0.258 0.215 0.909 0.893 0.877 0.862 0.826 0.797 0.769 0.743 0.751 0.712 0.675 0.641 0.683 0.636 0.592 0.552 0.621 0.567 0.519 0.476 0.564 0.507 0.456 0.410 0.513 0.452 0.400 0.354 0.467 0.404 1 0.351 0.305 0.424 0.361 0.308 0.263 0.3860.322 0.270 0.227 0.350 0.287 0.237 0.195 0.319 0.257 0.208 0.168 0.290 0.229 0.182 0.145 0.263 0.205 0.160 0.125 02390.183 0.1400 108 0.218 0.163 0.123 0.093 0.1980 .146 0.108 0.080 0.1800.130 0.095 0.069 0 1640.116 0.149 0.104 0.073 0.051 Print Done O Present Value of Annuity of $1 Present Value of Ordinary Annuity of $1 6% 7% 8% 10% 12% Periods 4% 5% 14% 16% 1 COCOON 0.9620.9520.9430.9350.92609090.893 0.877 0.88 1.886 1.859 1.833 1.808 1.783 1.736 1.690 1.647 1.605 2.775 2.723 2.673 2.624 2.577 2.487 2.402 2322 2246 3.630 3.546 3.465 3.387 3.312 3.1703.037 2.914 2.798 4.452 4.329 4.212 4.100 3.993 3.791 3.605 3.433 3.274 5.242 5.076 4.917 4.767 4623 4.355 4.111 3.889 3.685 16.002 5.786 5.582 5.389 5.2064 8684.564 4.039 16.733 6.463 6.210 5.971 5.7475.335 4.968 4.639 4.344 17.435 7.108 6.802 6.515 6.2475.759 5.328 4.946 4.607 8.111 7722 7.360 7.024 6.710 6.145 5.6505.216 4.833 8.760 8.306 7.887 7.499 7.139 6.495 5.938 5.453 5.029 19.385 8.8638.3847.943 7.536 6.814 6.194 5.660 5.197 9.9869.394 8.853 8.3587.904 7 103 6.424 5.842 5.342 10.563 9.899 9.295 8.745 8.244 7.367 6.628 6.002 5.468 11.118 10.380 9.712 9.108 8.559 7.606 6.811 6.142 5.575 11.652 10.838 10.106 9.447 8.851 7.8246.9746.265 5.668 12.166 11.274 10.4779.763 9.122 8.022 7.1206.373 5.749 12.659 11.690 10.828 10.059 9.3728.2017 250 6.467 5.818 13.134 12.085 11.158 10.336 9.604 8.3657.366 6.550 .5.877 13.590 12.462 11.470 10.594 9.818 8.514 7.469 6 623 5.929 14 15 16 17 18 19 20 Print Done