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Net present value: Cranjet Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent projects

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Net present value: Cranjet Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent projects are given in the following table. The company uses a discount rate of 15.84 percent for such projects. Year Product Line Expansion Production Capacity Expansion 0 $-2,640,663 $-8,841,936 1 $650,640 $2,987,750 2 $794,413 $3,005,500 3 $956,900 $2,915,500 4. $981,050 $3,685,175 5 $760,813 $3,193,775 (Round your answer to 2 decimal places. All intermittent calculations should be rounded to 4 decimal places before carrying to next calculation. If the number is negative identify with a negative symbol (-).) a. These projects are projects. b. The NPV of the product line expansion is $ and the NPV of the production capacity expansion is $ c. Cranjet should accept

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