You are given three investment alternatives to analyze. The cash flows from these three investments are as? follows:

Investment

12. (Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash ows from these three investments are as follows: Investment End of Year A B C 1 $ 1,000 $3,000 $ 6,000 2 2,000 3,000 6,000 3 3,000 3,000 (6,000) 4 (4,000) 3,000 (6,000) 5 4,000 7,000 16,000 What is the present value of each of these three investments ifthe appropriate discount rate is 9 percent? a. What is the present value of investment A at an annual discount rate of 9 percent? $ (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 9 percent? $ (Round to the nearest cent.) c. What is the present value of investment C at an annual discount rate of 9 percent? 85 (Round to the nearest cent.)