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Phoenix company can invest in each of three cheese making projects:C1, C2, and C3. Each project requires an initial investment of $300,000 and would yield

Phoenix company can invest in each of three cheese making projects:C1, C2, and C3. Each project requires an initial investment of $300,000 and would yield the following annual cash flows. year 1 C1 36,000 image text in transcribed
image text in transcribed
image text in transcribed
Project Initial Investment art Values are Based on: oints Year Cash Inflowx PV Factor Present Value eBook 132,000x 192,000x Hint Print Refetence Project C2 Initial Investment Year Cash Inflow Factor Present Value 2

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