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Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 3 4 Investment A Investment B $ 2,000

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Annual cash inflows that will arise from two competing investment projects are given below: Year 1 2 3 4 Investment A Investment B $ 2,000 $5,000 3,000 4,000 4,000 3,000 5,000 2,000 $ 14,000 $14,000 The discount rate is 12%. Click here to view Exhibit 128-1 and Exhibit 12B-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 $ 0 $ 2.253

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