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Company DL must choose between_ siness opportunities. Opportunity 1 will generate $20,200 before-tax cash in years 0 through 3. The annual tax cost of Opportunity

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Company DL must choose between_ siness opportunities. Opportunity 1 will generate $20,200 before-tax cash in years 0 through 3. The annual tax cost of Opportunity 1 is $3,636 in years 0 and 1 and $2,424 in years 2 and 3 . Opportunity 2 will generate $20,200 before-tax cash in year 0,$37,600 before-tax cash in years 1 and 2 , and $18,800 before-tax cash in year 3 . The annual tax cost of Opportunity 2 is $7.520 in years 0 through 3. Use ppendix.A and RpendixB. Required: a1. Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent a2. Which opportunity should Company DL choose? Complete this question by entering your answers in the tabs below. Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent. Note: Cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount. Complete the below tables to calculate NPV. Assume that the discount rate is 10 percent. Note: Cash outflows should be indicated by a minus sign. Round discount factor(5) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount. Company DL must choose between two business opportunities. Opportunity 1 will generate $20,200 before-tax cash in years 0 through 3 . The annual tax cost of Opportunity 1 is $3,636 in years 0 and 1 and $2,424 in years 2 and 3 . Opportunity 2 will generate $20,200 before-tax cash in year 0,$37,600 before-tax cash in years 1 and 2 , and $18,800 before-tax cash in year 3 . The annual tax cost of Opportunity 2 is $7,520 in years 0 through 3 . Use ARpendix A and Apnendix B. Required: 6). Comprete the below tables to calculate NPV. Assume that the discount rate is 10 percent. a2. Whicn oren nity should Company DL choose? Complete this question by entering your ansthers in the tabs below. Which opportunity should Company DL choose? Present Value of \$1 Present Value of Annuity of $1

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