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Project A requires an originat investanent of 504,400 . The project will vield cast flows of 519,000 per year far 4 years. Project 6 hias

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Project A requires an originat investanent of 504,400 . The project will vield cast flows of 519,000 per year far 4 years. Project 6 hias a computed net present value of 52,970 over a 4 . year life, Project A could be sold at the end of 4 vears for a price of 515,900 Following is a tablo for the present value of $1 at compound interest: Following is a table for the present value of an annity of $1 at compound interest: Use the tables above. a. Determine the net present value of Profect A cvera 4-year life with salvage value ssouming a minimum rate of return of 12%. Aound your answer to two decimal places. b. Which project provides the greatest net present value

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