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Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment, $50,000. The firm's required rate
Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment, $50,000. The firm's required rate of return on investments is 10%. Tot Required: (10 pts.) (1) Compute the Net Present Value of each investment. (2) Which investment should be made, and explain why. [Indicate which Table you used and show all your work]
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