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Donald Martin is evaluating two new business opportunities. Each of the opportunities shown below has a 15 -year life. Donald uses a 12% discount rate.

Donald Martin is evaluating two new business opportunities. Each of the opportunities shown below has a 15 -year life. Donald uses a 12% discount rate. Click here to view the factor table. (a) Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final answers to 0 decimal places e q. 59.991)

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