Consider the following alternatives: . $110 received in one year ii. $210 received in 5 years iii. $340 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 11% per year. b. What is your ranking if the interest rate is only 1% 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 11% per year. First calculate the present value (PV) of each alternative: The PV of $110 received in one year if the interest rate is 11% per year is $ (Round to the nearest cent.)