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Marigold Manufacturing Company is considering three new projects, each requiring an equipment investment of $24,700. Each project will last for 3 years and produce the

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Marigold Manufacturing Company is considering three new projects, each requiring an equipment investment of $24,700. Each project will last for 3 years and produce the following cash flows. The salvage value for each of the projects is zero. Marigold uses straight-line depreciation. Marigold will not accept any project with a payback period over 2.2 years. Marigold's minimum required rate of return is 12%. Click here to view PV tables. Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) Indicating the most desirable project and the least desirable project using this method. Most desirable Least desirable

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