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Question 3 --/1 View Policies Current Attempt in Progress Assume that Sonic Foundry Corporation has a contractual debt outsta

Please explain how to get the PV factor thank you!

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Answer #1
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alternative 1

Present value under alternative 1=$25,19,000

alternative 2 Present value under alternative 2=$308,100*Present value of annuity factor(9%,15)
308,100*8.060688
$2,483,498 (approx)
Hence option 2 is better involving lesser present values.
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