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CV Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below. Year 0 1 2 3 4 Investment A $(16,250) 5,450

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CV Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below. Year 0 1 2 3 4 Investment A $(16,250) 5,450 5,450 5,450 4,400 Investment B $(10,500) 5,450 4,400 3,550 1,600 The company's hurdle rate is 12%. What is the present value Index of Investment B? (PV of S1 and PVA of $1 (Use appropriate factor(s) from the tables provided. Do not round your intermediate calculations. Round your answer to two decimal points) Multiple Choice 102 100 113

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