Question:

Present value of an uneven stream of payments You are given

Last updated: 6/27/2023

Present value of an uneven stream of payments You are given

Present value of an uneven stream of payments You are given three investment alternatives to analyze The cash flows from these three investments are as follows Investment End of Year 1 2 A 3 000 4 000 5 000 6 000 5 6 000 Click on the icon in order to copy its contents into a spreadsheet What is the present value of each of these three investments if the appropriate discount rate is 13 percent 3 4 B 3 000 3 000 3 000 3 000 5 000 C 6 000 6 000 6 000 6 000 16 000 C a What is the present value of investment A at an annual discount rate of 13 percent Round to the nearest cent 4