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A company can invest in one of two mutually exclusive alternatives. The life of each altemative is estimated to be five years, with the following

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A company can invest in one of two mutually exclusive alternatives. The life of each altemative is estimated to be five years, with the following initial investments and salvage values. The minimum attractive rate of return is 1 7% per year. What is the capital recovery of the preferred alternative? Investment $12,000 -S0,000 alue a. 3,125.64 b. 3,750.77 c. $10,000 d. $12,000

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