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Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 7% return from its investments. (PV of

  

 

Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 7% return from its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project X2 Project X1 Initial investment $ (116,000) $ (192,000) Net cash flows in: Year 1 43,000 87,000 Year 2 53,500 77,000 Year 3 78,500 67,000 a. Compute each project's net present value.

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