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In exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table: Your

In exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table:

Your opportunity cost is 11%.

A.Find the value today of each alternative.

B.Are all the alternatives acceptable _ that is, worth at least $20,000 today?

c.Which alternative, if any, will you take?

A.The present value of Alternative A is $___(Round to the nearest cent.)

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