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Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment. Investment X Investment Y Year

Annual cash inflows from two competing investment opportunities are given below. Each investment opportunity will require the same initial investment. Investment X Investment Y Year 1 $ 1,000 $4,000 Year 2 2,000 3,000 Year 3 3,000 2,000 Year 4 4,000 1,000 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Total $10,000 $10,000 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- (refer to attached tables) Required: Compute the present value of the cash inflows for each investment using a 20% discount rate. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Omit the "$" sign in your response.) Present Value of Cash Flows Investment X $ Investment Y $ image text in transcribed

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