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what is the present value of each of these three investments if the appropriate discount rate is 14%? (Present value of an uneven stream of

image text in transcribedwhat is the present value of each of these three investments if the appropriate discount rate is 14%?

(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: End of Year 1 2 3 4 5 A $ 1,000 2,000 3,000 (4,000) 4,000 Investment B $2,000 2,000 2,000 2,000 4,000 $ 6,000 6,000 (6,000) (6,000) 16,000 a. What is the present value of investment A at an annual discount rate of 14 percent? (Round to the nearest cent.)

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