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Please show answer for project B as well. Thank you! Use the NPV method to determine whether Smith Products should invest in the following projects:
Please show answer for project B as well. Thank you!
Use the NPV method to determine whether Smith Products should invest in the following projects: - Project A costs $280,000 and offers eight annual net cash inflows of $61,000. Smith Products requires an annual - Project B costs $375,000 and offers nine annual net cash inflows of $69,000. Smith Products demands an annual (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) (Click the icon to view the future value table.) Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project? Calculate the NPV of each project. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign The NPV of Project A is The NPV of Project B is Now calculate the maximum acceptable price to pay for each project. (Round your answers to the nearest whole dollar. Project A is Reference Step by Step Solution
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