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2. in exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table,

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2. in exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table, your opportunity cost is 11%; Alternative Single Amount $28,000 at the end of 3 years $54,000 at the end of 9 years $160,000 at the end of 20 years C

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