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NPV unequal lives Singing Fish Fine Foods has 52,010,000 for capital investments this year and is considering two potential projects for the Idd funds Project

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NPV unequal lives Singing Fish Fine Foods has 52,010,000 for capital investments this year and is considering two potential projects for the Idd funds Project 1 is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is 5620.000 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $540,000 go for the next six years. If the appropriate discount rate for the deli expansion is 9.4% and the appropriate discount rate for the wine section is 89%, use the NPV to determine which project Singing Fish should choose for the store. Adjust the NPV for unequal lives with the equivalent annual annuity. Does the decision change? vo decimal places.) 0 Data Table X (Click on the following icon in order to copy its contents into a spreadsheet.) Initial investment at start of project: $13,100,000 Cash flow at end of year one: $2.358.000 Cash flow at end of years two through six: $2,620.000 each year Cash flow at end of years seven through nine $3,065,400 each year Cash flow at end of year ten: $2,358,000 Print Done

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