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his problem pany's ion (RMS 18-68B. (Learning Objective 6: Explain the impact of the time value of money on the reluation of investments) Annual cash

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his problem pany's ion (RMS 18-68B. (Learning Objective 6: Explain the impact of the time value of money on the reluation of investments) Annual cash inflows from two competing investment opportunities are given. Each investment opportunity will require the same initial investment. notive andall as follow Year 1 2 3 Investment Y $ 8,000 $10,000 5,000 10,000 17,000 10.000 $30,000 $30,000 Requirement 1. Assuming an 8% interest rate, which investment opportunity would you choose? P8-69B. (Learning Objective 4: Consolidate a foreign subsidiary) Assume that Lundgren Corporation has a subsidiary company based in Japan. Yen Assets Y410,000,000 115,000,000 andall of Liabilities Stockholders' equiry: Common stock Retained earnings 35,000,000 260.000.000 Y410,000,000 12

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