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Following is information on two alternative investments being considered by Tiger Co. The company requires a 15% return from its investments. (PV of $1, FV

Following is information on two alternative investments being considered by Tiger Co. The company requires a 15% 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 X1 Project X2
Initial investment $ (83,000 ) $ (126,000 )
Expected net cash flows in:
Year 1 31,000 69,000
Year 2 41,500 59,000
Year 3 66,500 49,000 image text in transcribed
Required A Required B Compute each project's net present value. Net Cash Present Value Flows of 1 at 15% Present Value of Net Cash Flows $ 0 $ 0 Project X1 Year 1 Year 2 Year 3 Totals Amount invested Net present value Project X2 Year 1 Year 2 Year 3 Totals Amount invested $ 0 $ $ 0 $ 0 Net present value $

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