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Each of the following investments has a present value that can be used to determine which is most valuable de, has the largest PV), which

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Each of the following investments has a present value that can be used to determine which is most valuable de, has the largest PV), which is least valuable Chas the smallest PV), and which has a value in the middle of the others has a PV that ranks 3rd if the PVs are listed from smallest to largest). Assuming a positive interest rate and assuming that all options have the same risk, which of the following has a value in the middle of the others? 1) Receiving 10 payments of $2,000 per year with the first payment to be received exactly one year from today. 2) Receiving $20,000 today. Receiving 10 payments of $2,000 per year with the first payment to be received today 4) Receiving $4,000 per year for five years beginning next year. 5) Receiving $10,000 today and $10,000 next year

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