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Annual cash inflows that will arise from two competing investment projects are given below: Year 1234 Investment A $ 1,000 2,000 3,000 Investment B $

Annual cash inflows that will arise from two competing investment projects are given below: Year 1234 Investment A $ 1,000 2,000 3,000 Investment B $ 4,000 3,000 2,000 4,000 1,000 $ 10,000 $ 10,000 The discount rate is 11%. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Present Value of Cash Flows Year Investment A Investment B 1 2 3 4

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