You are given three investment alternatives to analyze. The cash flows from these three investments are as follows:
| Investment |
| End of Year |
A |
B |
C |
| 1 |
$1,000 |
$1,000 |
$5,000 |
| 2 |
2,000 |
1,000 |
5,000 |
| 3 |
3,000 |
1,000 |
(5,000) |
| 4 |
(4,000) |
1,000 |
(5,000) |
| 5 |
4,000 |
3,000 |
15,000 |
What is the present value of each if these three investments if the appropriate discount rate is 13%?