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2 Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment. 1.27 points Skipped Year

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2 Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment. 1.27 points Skipped Year 1 Year 2 Year 3 Year 4 Investment Investment Y $ 2,000 $ 5,000 3,000 4,000 4,000 3,000 5,000 2,000 eBook Total $14,000 $14,000 References Required: Compute the present value of the cash inflows for each investment using a 10% discount rate. (Round final answers to the nearest dollar amount.) Present Value of Cash Flows Investment X Investment Y $

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