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Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information

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Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (Future Value of S1. Present Value of S1. Future Value Annuify of S1. Present Value Annulty of \$1.) Note: Use appropriate factor(s) from the tables provided. Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculoting each of the following: 1. Accounting rate of return. Note: Round your answer to 2 decimel places. 2. Payback period. Note: Round your answer to 2 decimal places. 3. Net present value (NPV): Note: Do not round intermediete calculetions. Negative amount should be indicated by s minus sign. Round the final answer to nearest whole doller. 4. Recolculote the NPV assuming BBS's cost of copital is 12 percent. Note: Do not round intermediate calculetions. Negetive amount should be indicated by a minus sign. Round the final answer to neorest whole dollor

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