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= Homework Question 7, Instructor-c. HW Score: 73.33%, 73.33 of 100 points Points: 0 of 20 Save NPV unequal lives. Singing Fish Fine Foods has

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= Homework Question 7, Instructor-c. HW Score: 73.33%, 73.33 of 100 points Points: 0 of 20 Save NPV unequal lives. Singing Fish Fine Foods has 51,930,000 for capital investments this year and is considering two potential projects for the funds Project 1 is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is $650,000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash now for this project is $540,000 for the next six years. If the appropriate discount rate for the deli expansion is 9.4% and the appropriate discount rate for the wine section is 8.9%, use the NPV to determine which propect Singing Fish should choose for the store of the appropriate discount rate for the deli expansion is 9.4% what is the NPV of the deli expansion? (Round to the nearest cent.) If the appropriate closcourt rate fex the wine section is 8.9% what is the NPV of the wine section? (Round to the nearest cent) Based on the NPV, Singing Fish Fine Foods should pick the V project. (Select from the drop-down menu)

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