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Your answer is correct Bonita Inc. has $ 520,640 to invest. The company is trying to decide between two alternative uses of the funds. One

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Your answer is correct Bonita Inc. has $ 520,640 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $ 69,086 at the end of each year for 12 years and the other is to receive a single lump-sum payment of $1,633,990 at the end of the 12 years. Which alternative should Bonita select? Assume the interest rate is constant over the entire investment Alternative Two

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