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Grouper Inc. has $617,510 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $81,940 at the

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Grouper Inc. has $617,510 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $81,940 at the end of each year for 12 years, and the other is to receive a single lump-sum payment of $1,938,010 at the end of the 12 years. Which alternative should Grouper select? Assume the interest rate is constant over the entire investment

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