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

End of Year A B C

1 10,000 10,000

2 10,000

3 10,000

4 10,000

5 10,000 10,000

6 10,000 50,000

7 10,000

8 10,000

9 10,000

10 10,000 10,000

Assuming a 20 percent discount rate, find the present value of each investment.