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canvas.wayne.edu Wildhorse Industries Management is Planning To Rep... Miley Plus Chap 10 Your answer is partially correct. Blossom Incorporated management is considering investing in two

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canvas.wayne.edu Wildhorse Industries Management is Planning To Rep... Miley Plus Chap 10 Your answer is partially correct. Blossom Incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive, and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The form uses a 7 percent discount rate for production system projects. Year System 1 $12,000 System 2 $12,000 30,000 30,000 12,000 12,000 12,000 30,000 Calculate NPV. (Enter negative amounts using negative sign, e..-45.25. Do not round discount factors. Round answers to 2 decimal places, es 15.25.) NPV of System 1 is $ and NPV of System 2 is $ In which system should the firm invest? The firm should invest in System 2 . eTextbook and Media Attempts: 1 of 3 used Submit Answer Save for Later MacBook Air

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