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A) Singing Fish Fine Foods has $2,000,000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating

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A) Singing Fish Fine Foods has $2,000,000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating the deli section of the store for additional food service. The estimated annual after-tax cash flow of this project is $600,000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $530,000 for the next six years. If the appropriate discount rate for the deli expansion is 8% and the appropriate discount rate for the wine section is 10%, use the NPV to determine which project Singing Fish should choose for the store. Find the NPV of both projects and decide. B)There is news of a mall to be constructed opposite singing fish fine foods in next 4 years, Is going to affect their decision to choose project, if they are not considering cashflows after 4 years

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