Michigan Shoe Stores is planning to sell its Southgate, BattleCreek, and Grand Rapids stores. The firm expects to sell each ofthe three stores for the same, positive cash flow of $C. The firmexpects to sell its Southgate store in K years, its Battle Creekstore in K years, and its Grand Rapids store in N years. The costof capital for the Southgate and Battle Creek stores is I percentand the cost of capital for the Grand Rapids store is M percent. Weknow that K > N > 0 and I > M > 0. The cash flows fromthe sales are the only cash flows associated with the variousstores. Based on the information in the preceding paragraph, whichone of the following assertions is true?

		The Battle Creek store is the most valuable of the 3 stores
		The Grand Rapids store is the most valuable of the 3 stores
		The Southgate store is the most valuable of the 3 stores
		Two of the three stores have equal value and those two storesare more valuable than the third store or all three stores have thesame value
		Cannot be determined based on the information given