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Problem 12-12 Assume a $50,000 investment and the following cash flows for two alternatives: (Round your intermediate calculations and the final answer to the nearest
Problem 12-12 Assume a $50,000 investment and the following cash flows for two alternatives: (Round your intermediate calculations and the final answer to the nearest whole dollar. Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Year HNMO Investment X $10,000 11,000 13,000 16,000 30,000 Investment Y $20,000 25,000 15,000 2 3 4 5 Calculate the net present value for investment X, using a 15 percent discount rate. Net Present Value Calculate the net present value for investment Y, using a 15 percent discount rate. Net Present Value Which of the alternatives would you select under the net present value method? O Investment X Investment Y Neither
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