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Net Present Value Analysis Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is 1 2 % . Data for the two proposals

Net Present Value Analysis

Hermson Company must evaluate two capital expenditure proposals. Hermson's hurdle rate is

12 % .

Data for the two proposals follow.

\

table

[[,

Proposal Proposal,

], [

Required investment,

x, Y

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