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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 below... Assuming a discount rate of 21 percent, find the present value of each investment. a. What is the present value of investment A at 21 percent annual discount rate?
INVESTMENT END OF YEAR A B C
114,000 14,000
2 14,000
3 14,000
4 14,000
5 14,000 14,000
6 14,000 70,000
7 14,000
8 14,000
9 14,000
10 14,000 14,000 nothing(Round to the nearest cent.)
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