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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

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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 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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