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Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering

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Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different Investments Each require an initial investment of $14,300 and will produce cash flows as follows: Investment End of Year 1 2 3 $ 9 9 $9,700 ,700 .700 29.100 The present value factors of $1 each year at 15% ore 2 0.600 0.7561 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2 2832 The net present value of investment AS Multiple Choice $19,133. $(14,300). $14.800. $(22148). $7847

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