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Annual cash flows from two competing imvestment opportunities are given. Each investment opportunity will require the same initial investment. (Click the icon to view the

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Annual cash flows from two competing imvestment opportunities are given. Each investment opportunity will require the same initial investment. (Click the icon to view the competing investment opportunitios.) (Click the icon to view the Present Value of \$1 table.) (Click the icon to view the Present Value of Annuity of \$1 table.) Requirement 1. Assuming a 12% interest rate, which imvestment opportunity would you choose? Begin by computing the present value of each investment opportunity. (Assume that the annual cash flows oocur at the end of ooch yoar If using present vaiue tables, use factor amounts rounded to three decimal places, XXXX. Round intermediary computations and your final answer to the nearest whole dollar.) The present value of investment opportunity A is The present value of investment opportunity B is Data table Present Value of $1 Present Value of $1 Present Value of Annuity of $1 Present Value of Annuity of $1

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