Juminez Company has two Investment opportunimes. Both Investments cost $5,700 and will provide the following net cesh flows Investment InvestmentB $3,350 3,35e $3,350 4,420 3 3,350 2,350 3,350 1,140 etions Round the nearest dolle What is the total present value of Investment A's cash flows assuming an 9% minimum rate of retum? PV of $1 and PVA of $D (Use appropriete fectoris) from the tables provided. De net round Intermediete Multiple Choice S1830. $5153 $9416 $3.350
Juminez Company has two Investment opportunimes. Both Investments cost $5,700 and will provide the following net cesh flows Investment InvestmentB $3,350 3,35e $3,350 4,420 3 3,350 2,350 3,350 1,140 etions Round the nearest dolle What is the total present value of Investment A's cash flows assuming an 9% minimum rate of retum? PV of $1 and PVA of $D (Use appropriete fectoris) from the tables provided. De net round Intermediete Multiple Choice S1830. $5153 $9416 $3.350
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
![Jiminez Company has two Investment opportunitles. Both Investments cost $5,700 and will provide the following net cash flows:
Year
Investment A
Investment B
$3,350
$3,350
3,350
4,420
3
3,350
2,350
4
3,350
1,140
What Is the total present value of Investment A's cash flows assuming an 9% minimum rate of return? (PV of $1 and PVA of $1) (Use approprlate factor(s) from the tables provlded. Do not round Intermedlate calculetions. Round your answer to the nearest doillar.)
Multiple Choice
$11,830.
$5.153.
$9.416.
$3.350.
Prey
Nest >
$51 AM](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e1a3f49-76a1-47d2-be7c-586afe137c42%2F913eceb2-eef2-4fd9-9e32-a2582e50963d%2F004gd1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jiminez Company has two Investment opportunitles. Both Investments cost $5,700 and will provide the following net cash flows:
Year
Investment A
Investment B
$3,350
$3,350
3,350
4,420
3
3,350
2,350
4
3,350
1,140
What Is the total present value of Investment A's cash flows assuming an 9% minimum rate of return? (PV of $1 and PVA of $1) (Use approprlate factor(s) from the tables provlded. Do not round Intermedlate calculetions. Round your answer to the nearest doillar.)
Multiple Choice
$11,830.
$5.153.
$9.416.
$3.350.
Prey
Nest >
$51 AM
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