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A company has two investment opportunities. Alternative 1 (Alt. 1) pays $9,000 (inflow) two years from now, and $16,000 (inflow) four years from now. Alternative

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A company has two investment opportunities. Alternative 1 (Alt. 1) pays $9,000 (inflow) two years from now, and $16,000 (inflow) four years from now. Alternative 2 (Alt. 2) pays $4,500 (Inflow) at the end of every year for five years. Interest is 6.06% compounded annually. Which is the preferable alternative? Round the values for PV to the nearest cent. Round the values for Alt. 1 and Alt. 2 to the nearest dollar TWO YEARS FOUR YEARS FIVE YEARS P/Y C/Y N 96 1/Y 96 SI $ PV S PMT $ FV $ Alt. 1 - 5 Alt. 2 = 5 Choice Select an answer Submit

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