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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 $ 6,000

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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 $ 6,000 $ 9,000 7,000 8,000 8,000 7,000 9,000 6,000 $ 30,000 $30,000 The discount rate is 6%. 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. Present Value of Cash Flows Investment A Investment B Year 1 2. 3 4

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