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Exercise 14A-1 (Algo) Basic Present Value Concepts [LO14-7] Annual cash inflows from two competing investment projects are given below: The discount rate is 5%. Click

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Exercise 14A-1 (Algo) Basic Present Value Concepts [LO14-7] Annual cash inflows from two competing investment projects are given below: The discount rate is 5%. Click here to view Exhibit 14B-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment

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