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Question 14 5 pts Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments.

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Question 14 5 pts Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,000 and will produce cash flows as follows: End of Investment Year A 1 1 $8,000 $0 2 8,000 8,000 24,000 The present value factors of $1 each year at 15% are: 0.8696 2 0.7561 The present value factors of $1 each year at 15% are: 1 0.8696 2. 0.7561 3 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment Ais: $3,266, $18,266. $(15,000). $(1.590)

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