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Consider the following alternatives: i. $110 received in one year ii. $200 received in five years iii. $330 received in 10 years a. Rank the

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Consider the following alternatives: i. $110 received in one year ii. $200 received in five years iii. $330 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. b. What is your ranking if the interest rate is 3% per year? c. What is your ranking if the interest rate is 19% per year? a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. First calculate the present value (PV) of each alternative: The PV of $110 received in one year if the interest rate is 10% per year is $ . (Round to the nearest cent.) The PV of $200 received in 5 years if the interest rate is 10% per year is $ (Round to the nearest cent.) The PV of $330 received in 10 years if the interest rate is 10% per year is $ (Round to the nearest cent.) Next, rank the choices by their PV: (Select the best choice below.) Click to select your answer(s)

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