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Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 12% Click here to view Exhibit 148-1

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Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 12% Click here to view Exhibit 148-1 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

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