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Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for AZ-Motorcars is 11 percent. Year AZM Mini-SUV AZF
| Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for AZ-Motorcars is 11 percent. |
| Year | AZM Mini-SUV | AZF Full-SUV | ||||
| 0 | $ | 520,000 | $ | 870,000 | ||
| 1 | 334,000 | 364,000 | ||||
| 2 | 208,000 | 448,000 | ||||
| 3 | 164,000 | 304,000 |
| What is the NPV for each project?(Do not round intermediate calculations and round your answers to 2 decimal places (e.g., 32.16).) |
| NPV | |
| AZM Mini-SUV | $ |
| AZF Full-SUV | $ |
|
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134674146, 978-0134674148
