Consider the following alternatives: i. $130 received in one year ii. $220 received in five years iii. $340 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 4% per year? c. What is your ranking if the interest rate is 13% per year? b. What is your ranking if the interest rate is only 4% per year? First calculate the present value (PV) of each alternative: The PV of $130 received in one year if the interest rate is 4% per year is $. (Round to the nearest cent.) The PV of $220 received in 5 years if the interest rate is 4% per year is $. (Round to the nearest cent.) The PV of $340 received in 10 years if the interest rate is 4% per year is $ . (Round to the nearest cent.) Next rank the choices by their PV: (Select the best choice below.) A. The ranking of the projects is: option i > option ii > option ii. B. The ranking of the projects is: option ili > option i > option it. OC. The ranking of the projects is: option is option ii > option i. D. The ranking of the projects is: option ii > option ii > option i. c. What is your ranking if the interest rate is 13% per year? Click to select your answer(s)