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P 1 2 - 1 B The Borders and Noble partnership is considering three long - term capital investment proposals. Each investment has a useful

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P12-1B The Borders and Noble partnership is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows.
\table[[,Project Mary,Project Winnie,Project Sarah],[Capital investment,$140,000,$175,000,$190,000
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