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Net Present Value-Unequal Lives three-year life. Project 1 could be sold at the end of three years for a price of $78,000. Use the Present
Net Present Value-Unequal Lives three-year life. Project 1 could be sold at the end of three years for a price of $78,000. Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown below. a. Determine the net present value of Project 1 over a three-year life with residual value, assuming a minimum rate of return of 10%. If required, round to the nearest dollar. $X b. Which project provides the greatest net present value
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