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Annual cash inflows that will arise from two competing investment projects are given below. Year 1 Investment A $ 3,000 4,00 5, eee 6,000 $

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Annual cash inflows that will arise from two competing investment projects are given below. Year 1 Investment A $ 3,000 4,00 5, eee 6,000 $ 18,000 Investment B $ 6, eee 5,000 4.ee 3. eee $18, eee The discount rate is 8%. 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.) Present Value of Cash Flows Investment A Investment B Year 1 2

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