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Jiminez Company Has Two Investment Opportunities A)$14,936
B)$4,936

Question 11

Multiple Choice

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.)  Year  Investment A Investment B1$3,000$3,00023,0004,00033,0002,00043,0001,000\begin{array} { | l | r | r | } \hline \text { Year } & \text { Investment } \mathrm { A } & \text { Investment } \mathrm { B } \\\hline 1 & \$ 3,000 & \$ 3,000 \\\hline 2 & 3,000 & 4,000 \\\hline 3 & 3,000 & 2,000 \\\hline 4 & 3,000 & 1,000 \\\hline\end{array}


A) $14,936.
B) $4,936.
C) $7,000.
D) $12,000.

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