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DUE IN 30 MINUTES. Please answer as soon as possible! Thank you so much for your help! Keller Construction is considering two new investments. Project

DUE IN 30 MINUTES. Please answer as soon as possible! Thank you so much for your help!

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Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment Project H represents an investment in a hydraulic lift. Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Project E ($47,000 Investment) Year Cash Flow 1 $12,000 2 17,000 3 20,000 27,000 Project ($30,000 Investment) Year Cash Flow 1 $17,000 2 18,000 3 14,000 a. Determine the net present value of the projects based on a zero percent discount rate. Not Present Value Project E Project H b. Determine the not present value of the projects based on a discount rate of 11 percent. (Do not round intermediate calculations and round your answers to 2 decimal places.) Net Present Value Project E Project c. If the projects are not mutually exclusive, which project(s) would you accept if the discount rate is 11 percent? Project E Project H Both Hand E

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