Octoring Enabled: Exam 3 O Period 1 Period 2 Period 3 Period 4 Total Morrisey Company has two investment opportunities. Both investments cost $6,200 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below: Multiple Choice $2,573 Investment I $ 1,600 1,600 2,600 4,960 $ 10,760 $8,773 Saved 6031 What is the net present value of Investment Il assuming an 8% minimum rate of return? (PV of $1 and PVA of $1) Note: Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer nearest whole dollar. Help Save & Exit Investment II $ 1,600 2,720 3,840 2,600 $ 10,760 M

Morrisey Company has two investment opportunities. Both investments cost $6,200 and will provide the same totat fidure cask inflows. The cash receipt schedule for each investment is given below: What is the net present value of Investment II assuming an 8% minimum rate of return? (PV of S1 and PVA ofSD) Note: Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answe nearest whole dollar. Multiple Choice $2,573 $8,773 Morrisey Company has two investment opportunities. Both investments cost $6,200 and will provide the same totat fidure cask inflows. The cash receipt schedule for each investment is given below: What is the net present value of Investment II assuming an 8% minimum rate of return? (PV of S1 and PVA ofSD) Note: Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answe nearest whole dollar. Multiple Choice $2,573 $8,773