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Exercise 12A1 (Algo) Basic Present Value Concepts [LO12-7] Annual cash inflows that will arise from two competing investment projects are given below: The discount rate

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Exercise 12A1 (Algo) Basic Present Value Concepts [LO12-7] Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 11%. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(5) using tables. Required: Compute the present value of the cash inflows for each investment

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