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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 as

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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 as follows: Investment End of Year $ 2,000 3,000 4,000 (5,000) 5,000 $3,000 3,000 3,000 3,000 7,000 $ 6,000 6,000 (6,000) (6,000) 16,000 4 What is the present value of each of these three investments if the appropriate discount rate is 13 percent

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