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You are given three investment alternatives with the following cash flows: Investment of 1 2 3 End of Year $5,000 0 $6,000 2 6,500 0

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You are given three investment alternatives with the following cash flows: Investment of 1 2 3 End of Year $5,000 0 $6,000 2 6,500 0 0 3 0 0 0 4 0 0 12,000 5 18,000 $15,000 0 26,000 0 0 28,000 Calculate the present values given a 8% discount rate. What is the present value of Investment 1? What is the present value of Investment 2? What is the present value of Investment 3? Round to the nearest whole number and no commas

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