morrisey company has two investment opportunities. both investments cost $5,600 and will provide the same total future cash inflows. the cash receipt schedule for each investment is given below: investment i investment ii period 1 $ 1,300 $ 1,300 period 2 1,300 2,360 period 3 2,300 3,420 period 4 4,480 2,300 total $ 9,380 $ 9,380 what is the net present value of investment ii assuming an 9% minimum rate of return? (pv of $1 and pva of $1)
