What is the present value of investment a at an annual


End of Year   A B C

1   $11,000 $16,000

2   11,000      

3   11,000      

4   11,000      

5   11,000 $11,000  

6 11,000 $48,000

7 11,000  

8 11,000  

9 11,000  

10 11,000 16,000

a. What is the present value of investment A at an annual discount rate of 23 ?percent?

b. What is the present value of investment B at an annual discount rate of 23 percent?

c. What is the present value of investment C at an annual discount rate of 23%? Round to nearest cent.

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Financial Management: What is the present value of investment a at an annual
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