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Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 Investment A Investment B $ 3,800 $ 6,000

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Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 Investment A Investment B $ 3,800 $ 6,000 4,000 5,000 5,600 4,000 3,000 $ 18,000 $18,000 4 6,000 The discount rate is 11% Click here to view Exhibit 138-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment Present Value of Cash Flows Investment A Investment B Year 1 2 3 4

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