What is the npv of alternative 2

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A retail department store must make a choice between two investments with a preferred rate of return of 13.5%. Alternative 1 will provide the store with returns of $12,000 at the end of year two, $15,000 at the end of year four and $9000 at the end of year 6. Alternative 2 will provide the store with annual returns of $5800 per year for six years. What is the NPV of Alternative 2?

Reference no: EM132967435

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