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Continental Railroad Company is evaluating three capital investment proposals by using the net present value method. Relevant data related the proposals are summarized as follows:
Continental Railroad Company is evaluating three capital investment proposals by using the net present value method. Relevant data related the proposals are summarized as follows: Required: 1. Assuming that the desired rate of return is 10%, prepare a net present value analysis for each proposal. Use the present value of $1 tabl above. If required, use the minus sign to indicate a negative net present value. If required, round to the nearest dollar. 2. Determine a present value index for each proposal. If required, round your answers to two decimal places
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