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A company has two investment opportunities. Alternative 1 (Alt. 1) pays $9,000 (inflow) two years from now, and $26,000 (inflow) four years from now. Alternative
A company has two investment opportunities. Alternative 1 (Alt. 1) pays $9,000 (inflow) two years from now, and $26,000 (inflow) four years from now. Alternative 2 (Alt. 2) pays $5,500 (inflow) at the end of every year for five years. Interest is 6.58% compounded annually. Which is the preferable alternative? Round the values for PV to the nearest cent. Enter positive values for Alt. 1, and Alt. 2, rounded to the nearest dollar. Alt, 1= Alt. 2=$ Choice
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