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(Ignore Income taxes In this problem.) The Sawyer Corporation has $100,000 to Invest and is considering two different projects, X and Y. The following data

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(Ignore Income taxes In this problem.) The Sawyer Corporation has $100,000 to Invest and is considering two different projects, X and Y. The following data are available on the projects: cick here to view Exhibit 8B-1 and Exhibit 88-2 to determine the appropriate discount factors) using tables. ProjectX Project Y $100,000 Cost of equipment needed now Working capital requirement Annual cash operating Inflows Salvage value in 5 years $23,000 $18,000 $ 6,000 Both projects will have a useful life of 5 years, at the end of 5 years, te working capital wil be released for use eisewnee. Sawyer discount rate 6%. The net present value of project Y is closest to: O ($6,749) O$50,516 $6,749 O $35,376

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