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Dixe Dynamite Company is evaluating two methods of blowing up old buidings for commerclal purposes over the next five years Method one (implosion) is relatively

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Dixe Dynamite Company is evaluating two methods of blowing up old buidings for commerclal purposes over the next five years Method one (implosion) is relatively low in nisk for this business and wil carry a 13 percent discount rate. Method two (explosion) is less expensive to perform but more dangerous and will call for a higher discountrate of 17 percent Elther method wil require an intial capital outtay of $106,000. The infiows from projected business over the next five years are shown next. Use Appendix B for an approximate answer but calculate your final answers usting the formula and financial calculator methods: 0. Calculate net present value for Method 1 and Method 2 Note: Do not round intermediate calculotions and round your answers to 2 decimal places. b. Which method should be selected using net present value analysis? Method 1 Method 2 Nether of these

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