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(Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as

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(Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment B C End of Year 1 $ 19,000 2 A $ 14,000 14,000 14,000 14,000 14,000 3 000 AWN- 4 5 6 57,000 $ 14,000 14,000 14,000 14,000 7 8 a. What is the present value of investment A at an annual discount rate of 24 percent

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