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A developer is considering two projects, the three-story building would have an overall cost of $480,000 to build. The seven story building would have an

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A developer is considering two projects, the three-story building would have an overall cost of $480,000 to build. The seven story building would have an overall cost of $1,120,000 to build. The Net Cash flows associated with each project are as follows: The cost of capital is 15% For each alternative, compute the Net Present Value using the table in the chapter 13 Appendix. Make a recommendation to management as to which project should be selected

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