Jiminez Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows: What is the total present value of Investment A's cash flows assuming an 8% minimum rate of return? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar.)
A) $14,936.
B) $4,936.
C) $7,000.
D) $12,000.
Correct Answer:
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