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Exercise Net Present Value Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 12%. Data for the two proposals follow. 1.

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Exercise Net Present Value Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 12%. Data for the two proposals follow. 1. Which proposal is more attractive? If Cooper has sufficient funds, should both proposals be taken? 2. What is the cash payback period for proposal X ? For proposal Y

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