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Teal Mountain has $305,112 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides a single lump-sum
Teal Mountain has $305,112 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides a single lump-sum payment of $1,131,134 at the end of the 10 years and alternative two provides $54,000 at the end of each year for 10 years. Which alternative should Teal Mountain select? Assume the interest rate is constant over the entire investment. O a. Alternative One - Lump Sum b. Alternative Two payments Oc There is not enough information to make a decision
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