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Please help. I will give you thumbs up if the questions are answered completely. (a) Derive the formula for the net present value factor. (b)
Please help. I will give you thumbs up if the questions are answered completely. 
(a) Derive the formula for the net present value factor. (b) The net cash flow for two projects. A and B. is as follows. (i) Use the net present value criterion to decide which project is the most profitable if a discount rate of 6% is used. (ii) Calculate the IRR. State the conditions for each project to be profitable
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Survey of Accounting
Authors: Carl S Warren
5th Edition
9780538489737, 538749091, 538489731, 978-0538749091
