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Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from its investments. (FV of $1, PV

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from its investments. (FV of $1, PV of $1, FVA of $1 and PVA of $1). (Use appropriate factor(s) from the tables provided.) Project A Project B $(179,325) $(145,960) Initial investment Expected net cash lows in year: 2 4 49,000 51,000 83,295 88,400 71,000 30,000 48,000 63,000 85,000 22,000 1(a)For each alternative project compute the net present value Project A Initial Investment 179,325 Chart Values are Based on: Present Value YearCash Inflow x PV factor 2 4 Project EB Initial Investment145,960 Present Value YearCash Inflow x PV factor 2 4

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