A financial manager with $1,000 to invest is faced with two competing alternatives, both of which cost

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A financial manager with $1,000 to invest is faced with two competing alternatives, both of which cost $1,000. Alternative A will annually pay $275 for five years while alternative B pays $300 a year for two years and $250 for three years. If the manager wants to earn at least 10 percent, which investment should be selected?

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