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A retail department store must make a choice between two investments with a preferred rate of return of 15% Aiternative I will provide the store

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A retail department store must make a choice between two investments with a preferred rate of return of 15% Aiternative I will provide the store with returns of $17,000 ot the end of the third and fourth years and $65,000 at the end of six years. Alternative 2 will provide the store with annuol returns of $12,500 for six years. What is the NeV of Alternotive 2 ? Draw a timoline in your notes to practicel Select one: a. $24,471 b. $99,000 C. $48,999 d. $47,306

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