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Following is information on two alternative investments being considered by Jolee Company. The company require:s a 8% return from its investments. (FV of $1. PV
Following is information on two alternative investments being considered by Jolee Company. The company require:s a 8% 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 S (183,325) (147,960) Initial investment Expected net cash flows in year. 40.000 52,000 79,295 89,400 57,000 43,000 61,000 64,000 74,000 38,000 4
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