Sun Systems Company has two investment opportunities. Both investments cost $7,000 and will provide the same total future cash inflows. Sun Systems has a required (desired) rate of return of 6%. The cash receipts schedule for each investment is given below:

	Investment 1	Investment 2
Period 1	$ 2,000	$ 2,000
Period 2	2,000	3,000
Period 3	2,000	4,000
Period 4	5,000	2,000

All other things being equal,

a) investment alternative 1 will produce a higher net present value than alternative 2.

b) investment alternative 2 will produce a higher net present value than alternative 1.

c) both investment opportunities will produce the same net present value.

d) The answer cannot be determined from the information provided.