Time value comparisons of single amounts Personal Finance Problem 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.) The present value of Alternative B is $. (Round to the nearest cent.) The present value of Alternative C is $. (Round to the nearest cent.) b. Are all the alternatives acceptable-that is, worth at least $20,000 today? (Select the best answer below.) No Yes c. Which alternative, if any, will you take? (Select the best answer below.) A. Alternative C B. Alternative A C. Alternative B D. None