What is the present worth of a $50,000 bond that has an interest of 20% per year payable quarterly? The bond matures in 5 years. The interest rate in the marketplace is 10% per year, compounded semiannually. You have identified three alternatives for a small project at your plant. The interest rate is 4.8808848% per semiannual. Alternative Initial Cost, $ Salvage Value, $ Annual Cost, $ Annual Revenue,$ Life, years F 180,000 80,000 16,000 86,000 4 G 100,000 12,000 12,000 70,000 3 H 120,000 18,000 b) Which alternative should be selected if alternative H has an infinite life? 10,000 60,000 a) (15 pts) What is the LCM of the life of three alternatives if alternative H has a project life of 11 year? Which alternative should be selected?