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NPV - Mutually exclusive projects Jackson Enterprises is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration.

NPV-Mutually exclusive projects Jackson Enterprises is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table. The firm's cost of capital is 15%.
\table[[,Pros A,Pres B,Pres C
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