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/1 View Policies Current Attempt in Progress Carey Company owns a plot of land on which buried toxic wastes have been discovered. Since it will

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/1 View Policies Current Attempt in Progress Carey Company owns a plot of land on which buried toxic wastes have been discovered. Since it will require several years and a considerable sum of money before the property is fully detoxified and capable of generating revenues, Carey wishes to sell the land now. It has located two potential buyers: Buyer A, who is willing to pay 380.000 for the land now, and Buyer B. who is willing to make 20 annual payments or 60,000 each, with the first payment to be made 5 years from today. Assuming that the appropriate rate at interest is 9% Click here to view factor tables Calculate the present value for each of the buyer (Round factor values to 5 decimal places, es 125124 and final answers to O decimal places, eg. 458,581) Buyer A Buyer B Present value of purchase price To whom should Carey sell the land? Carey should sell to

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