Present values of single amounts and streamsYou have a choice of accepting either of two 5-year cash flow streams or single amounts. One cash flow stream is an ordi-nary annuity, and the other is a mixed stream. You may accept alternative A or B, either as a cash flow stream or as a single amount. Given the cash flow stream and single amounts associated with each (see the following table), and assuming a 9% opportunity cost, which alternative (A or B) and in which form (cash flow stream or single amount) would you prefer?

Cash flow stream

Year Alternative A Alternative B

1 $700 $1,100

2 700 900

3 700 700

4 700 500

5 700 300