Jiminez Company has two Investment opportunities. Both investments cost $5,600 and will provide the following...
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Jiminez Company has two Investment opportunities. Both investments cost $5,600 and will provide the following net cash flows: Year 1 2 Investment A $3,300 3,300 3,300 3,300 Investment B $3,300 4,360 2,300 1,120 3 4 What is the total present value of Investment A's cash flows assuming an 9% minimum rate of return? Use Appendix Table 2. (Do not round your intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice O $9,267 $3,300 O O O $5,091 $11,653
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