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Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 4,000 $7,000 5,000 6,000 6,000 5,000

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Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 4,000 $7,000 5,000 6,000 6,000 5,000 7,000 4,000 Total 2,000 $22,000 The discount rate is 9%. Click here to view Exhibit 13B-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. (Round discount factor(s) to 3 decimal places.) Amount of Cash Flows Present Value of Cash Flows 9% Investment Investment Investment Investment Year Factor

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