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Annual cash flows from two competing investment 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 investment opportunities are given. Each investment opportunity will require the same initial investment (Click the icon to view the competing investment opportunities.) (Click the icon to view the Present Value of $1 table.) (Click the icon to vew the Present Value of Annuity of $1 table.) Requirement 1. Assuming a 16% interest rate, which investment opportunity would you choose? Begin by computing the present value of each investment opportunity. (Assume that the annual cash thows occur at the end of nach year. if using present value tables. Use factor amounts rounded to three decimal places, X.XXX. Round intermodiary computations and your final answer to the nearest whole dollar.) The preshit 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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