You have two investment alternatives. Alternative A requires an immediate cash outlay (payment) of $20,000 today. In return you will receive $3,100 at the end of every quarter for 3 years. Alternative Two requires an immediate cash outlay of $9,000 today and a further $11,000 in 2 years. In return you will receive monthly payments of $1,000 for 3 years. Interest is 8% compounded annually. Find the NPV of each option and determine which is higher. (16.2)