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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. (FV of $1. ??
Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. (FV of $1. ?? of $1, FVA of $1 and PVA of $1). (Use appropriate factor(s) from the tables provided.) Project A Project B $(176,325) $(147,960) Initial investment Expected net cash flows in year: 42,000 57,000 74,295 81,400 66,000 44,000 55,000 59,000 78,000 31,000 2 4
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