ou are facing two business opportunities with the following cash flows: (1) investing (spending) $1000 today, receiving $500 after three months, $450 after six months, and $400 after nine months. (2) investing (spending) $1250 today, receiving $600 after three months, $550 after six months, and $500 after nine months. which is a better investment if the nominal annual rate is 6% and compounding is done quarterly?