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Garcia Company can invest in one of two alternative projects. Project Y requires a $ 4 0 0 , 0 0 0 initial investment for
Garcia Company can invest in one of two alternative projects. Project requires a $ initial investment for new machinery with a fouryear life and no salvage value. Project requires a $ initial investment for new machinery with a threeyear life and no salvage value. The two projects yield the following annual results. Cash flows occur evenly within each year. PV of $ FV of $ PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided.
tableAnnual Amounts,Project YProject ZSales of new product,$$
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