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Book Annual cash inflows from two competing investment projects are given below: Investment B $ 6,000 Year 1234 Investment A $ 3,000 4,000 5,000

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Book Annual cash inflows from two competing investment projects are given below: Investment B $ 6,000 Year 1234 Investment A $ 3,000 4,000 5,000 5,000 4,000 6,000 3,000 $ 18,000 $ 18,000 Hint Print erences The discount rate is 10%. Click here to view Exhibit 14B-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. Present Value of Cash Flows Year Investment A Investment B 1 2 3 4

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