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Which of the following four investments has the highest PV? (Assume your required rate of return is 5% annually) Yr Inv. A Inv. B Inv.
Which of the following four investments has the highest PV? (Assume your required rate of return is 5% annually)
Yr Inv. A Inv. B Inv. C Inv. D
1 $10,000 $5,000 $0 $0
2 $10,000 $5,000 $0 $0
3 $0 $5,000 $0 $0
4 $0 $5,000 $14,000 $0
5 $0 $5,000 $14,000 $25,000
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