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Annual cash inflows that will arise from two competing investment projects are given below: Year NM Investment A Investment B $ 9,000 $12,000 10,000 11.000

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Annual cash inflows that will arise from two competing investment projects are given below: Year NM Investment A Investment B $ 9,000 $12,000 10,000 11.000 11,000 10,000 12,000 9,000 Total $42,000 $42.000 The discount rate is 6%. Use Excel or a financial calculator to solve the homework. Round answers to the nearest dollar. 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 Investment

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