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Mcknight Company is considering two different, mutualy exclusive capital expenditure proposah, Hropect A wel cost $593.ooo, has an Eypectod useful life of 15 years, a

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Mcknight Company is considering two different, mutualy exclusive capital expenditure proposah, Hropect A wel cost $593.ooo, has an Eypectod useful life of 15 years, a salvage value of zero, and is expected to increase net antual cash fows by 575000 Propect 8 will cost 5397.000, has an zxpected usefil Me of 15 wears, a salvagn value of zero and is copected to increase net annual cash flows by 351.400 A discount rate of 8% is aporopriate for both projects, Click here to view che foctor table precedlug the number es 45 or parentheies eg(45) Alound present votue annwen to 0 decinal places ey. 125 and proftability inder aniwer? Which creeset thoud ter acceptnd bused on Nrt Prusent Value? thould be aceepfted Whichprojed whom be acceised taset on peotabilfry indes? insulfor marited

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