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Given the same opportunity cost of funds for the following investments, which one has a higher present value Year Investment A Investment B 1 $6,000

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Given the same opportunity cost of funds for the following investments, which one has a higher present value Year Investment A Investment B 1 $6,000 $11,000 2 $8,000 $10,000 3 $10,000 $8,000 .4 $11,000 $6,000 Investment A has a higher present value. Investment B has a higher present value. Investment A and Investment B have the same present value, since the total of the cash flows is the same for both O No comparison can be made-we need to know the interest rate to calculate the present value

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