(Related to Checkpoint 6.6) (Present value of annuities and complex cash flows) You are given three investment alternati
Posted: Wed Jul 06, 2022 6:45 pm
(Related to Checkpoint 6.6) (Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment Alternatives End of Year 1 $ 68 A WN 2 4 5 6 7 9 A $ 14,000 14,000 14,000 14,000 14,000 B $ 14,000 14,000 14,000 14,000 14.000 с $14,000 70,000 a. What is the present value of investment A at an annual discount rate of 17 percent? $ (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 17 percent? (Round to the nearest cent.) c. What is the present value of investment C at an annual discount rate of 17 percent? (Round to the nearest cent.)