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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: Assuming a discount rate of 15 percent, find the present value of each investment a. What is the present value of investment A at 15 percent annual discount rate? Data Table x $ 40,225.86 (Round to the nearest cent.) b. What is the present value of investment B at 15 percent annual discount rate? (Click on the following icon 9 in order to copy its contents into a spreadsheet.) $ (Round to the nearest cent.) INVESTMENT B END OF YEAR 1 $12.000 2 $12,000 12,000 12.000 12,000 12,000 60,000 3 4 5 6 7 8 9 10 $12,000 12,000 12,000 12,000 12,000 12,000 12,000 Print Done
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