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Assume the following Information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 12B1 and Exhibit 12B2, to determine
Assume the following Information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 12B1 and Exhibit 12B2, to determine the approprlate discount factor(s) using the tables provided. If the company's discount rate is 12%, then the net present value for this investment is closest to: Multiple Choice $241,600 $(141,600) $[241,600]. $(61,350). EXHIBIT 12B-1 Present Value of $1;(1+r)n1 EXHIBIT 12B-2 Present Value of an Annuity of $1 in Arrears; 1/r(1(1/(1+r)n))
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