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Jiminez Company Has Two Investment Opportunities What Is the Total Present Value of Investment A's Cash

Question 43

Multiple Choice

Jiminez Company has two investment opportunities. Both investments cost $5,100 and will provide the following net cash flows:  Year  Investment A Investment B1$3,050$3,05023,0504,06033,0502,05043,0501,020\begin{array}{lcc}\text { Year }& \text { Investment A} & \text { Investment B} \\1 & \$ 3,050 & \$ 3,050 \\2 & 3,050 & 4,060 \\3 & 3,050 & 2,050 \\4 & 3,050 & 1,020\end{array} What is the total present value of Investment A's cash flows assuming an 10% minimum rate of return? (PV of $1and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your answer to the nearest dollar.)


A) $10,635.
B) $4,568.
C) $8,365.
D) $3,050.

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