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Evergreen Company has two investment opportunities. Both investments cost $5,000 and will provide the same total future cash inflows. The cash receipt schedule for each

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Evergreen Company has two investment opportunities. Both investments cost $5,000 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below: Period 1 Period 2 Period 3 Period 4 Totals Investment $1750 1750 3200 5800 $12.500 Investment II $4650 3200 3200 1450 $12.500 Select the correct statement. Evergreen should choose Investment I because of the time value of money. Time value of money techniques are not useful for comparing these investments. Evergreen should choose Investment Il because it generates more immediate cash inflows. Evergreen should be indifferent between the two investments because they provide the same tot cash inflows

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