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Jiminez Company has two investment opportunities. Both Investments cost $5,700 and will provide the following net cash flows: Year Investment A 53,850 3,050 3,050 3,050

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Jiminez Company has two investment opportunities. Both Investments cost $5,700 and will provide the following net cash flows: Year Investment A 53,850 3,050 3,050 3,050 Investment B $, 850 5,020 2, 850 1. 240 What is the net present value of Investment A's cash flows assuming an 12% minimum rate of return? Use Appendix Table 2. (Do not round Intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice o o o c

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