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Cleves Company is considering two projects. Cleves requires a minimum rate of return of 8%. Grading: 2 points per question, half credit for some math

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Cleves Company is considering two projects. Cleves requires a minimum rate of return of 8%. Grading: 2 points per question, half credit for some math shown, do not deduct for differences due to rounding to 2 decimals What is the net present value for Project X? What is the net present value for Project Y

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