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(Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are shown
(Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are shown in the popup window: E. Assuming a discount rate of 16 percent, find the present value of each investment. a. What is the present value of investment A at 16 percent annual discount rate? $ 42,565.82 (Round to the nearest cent.) Data Table b. What is the present value of investment B at 16 percent annual discount rate? $ 47,9021.57 (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.) INVESTMENT B END OF YEAR $13,000 1 2 3 A $13,000 13,000 13,000 13,000 13,000 4 5 6 7 65,000 $13,000 13,000 13,000 13,000 13,000 13,000 8 9 10 13,000 Print Done
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