(Time Value Concepts Applied to Solve Business
Problems)
Answer the following questions related to Dubois Inc
a. Dubois Inc. has $600,000 to invest. The company is trying to
decide between
two alternative uses of the funds. One alternative provides $80,000
at the end
of each year for 12 years, and the other is to receive a single
lump-sum
payment of $1,900,000 at the end of the 12 years. Which alternative
should
Dubois select? Assume the interest rate is constant over...