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Annual cash inflows from two competing investment projects are given below: The discount rate is 11%. Click here to view and to determine the appropriate

image text in transcribedimage text in transcribedimage text in transcribed Annual cash inflows from two competing investment projects are given below: The discount rate is 11%. Click here to view and to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. EXHIBIT 14B-2 Present Value of an Annuity of $1 in Arrears; r1[1(1+r)n1] EXHIBIT 14B-1 Present Value of $1;(1+r)n1

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