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9.c up. Consider the following alternatives 1. $140 recoved in one year $230 received in five years iii. $350 received in 10 years a.

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9.c up. Consider the following alternatives 1. $140 recoved in one year $230 received in five years iii. $350 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 7% per year b. What is your ranking if the interest rate is 2% per year? c. What is your ranking if the interest rate is 17% per year? a. Rank the alternatives from most valuable to least valuable if the interest rate is 7% per year First calculate the present value (PV) of each alternative: SC The PV of $140 received in one year if the interest rate is 7% per year is S (Round to the nearest cent).

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