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3. The table below provides cash flows for two mutually exclusive alternatives for developing a Pay for Recreation facility being considered by a county government

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3. The table below provides cash flows for two mutually exclusive alternatives for developing a "Pay for Recreation" facility being considered by a county government in New Mexico. If money can be borrowed issuing bonds at the rate of 17% per year, using the rate of return analysis, find the attractive alternative between the two given proposals. For this question, use the interpolation between 10% and 20% of interest rates. Year 0 1-20 21-40 41-00 Alt. A -20M 4M 3M 2M Alt. B -40M 7M 3M 4M 3. The table below provides cash flows for two mutually exclusive alternatives for developing a "Pay for Recreation" facility being considered by a county government in New Mexico. If money can be borrowed issuing bonds at the rate of 17% per year, using the rate of return analysis, find the attractive alternative between the two given proposals. For this question, use the interpolation between 10% and 20% of interest rates. Year 0 1-20 21-40 41-00 Alt. A -20M 4M 3M 2M Alt. B -40M 7M 3M 4M

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