-m/Student/PlayerTest.aspx?testid=263217359&centerwin=yes
K
Manveer Singh 06/15/24 6:56 PM
S
This quiz: 10 point(s)
e so
Question 1 of 10
possible
>
This question: 1
Submit quiz
point(s) possible
So
A company must make a choice between two investment alternatives. Alternative 1 will return the company [tex]$35,000 at the end of five years and $[/tex]75,000 at the end of eight years. Alternative 2 will return the company [tex]$8,500 at the end of each of the next eight years. The company normally expects to earn a rate of return of 9% on funds invested. Compute the present value of each alternative and determine the preferred alternative according to the discounted cash flow criterion. SO ESC SC The present value of Alternative 1 is $[/tex]
(Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places
as needed.)
33.3
The present value of Alternative 2 is $
(Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places
as needed.)
The preferred alternative
​