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Assume that an Investment provides the following cash inflows over a three-year perlod: Click here to view and Exhibit 12B2, to determine the approprlate discount

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Assume that an Investment provides the following cash inflows over a three-year perlod: Click here to view and Exhibit 12B2, to determine the approprlate discount factor(s) using the tables provided. Assuming a discount rate of 12%, what is the present value of these cash Inflows? Multiple Choice $13,434 $12,634 $11,734 $13,034 EXHIBIT 12B-1 Present Value of $1;(1+r)n1 EXHIBIT 12B-2 Present Value of an Annuity of $1 in Arrears; 1/r(1(1/(1+r)n))

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