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Ranger Corporation has decided to investin renewable energy sources to meet part of its energy needs for production. It is considering solar power versus wind

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Ranger Corporation has decided to investin renewable energy sources to meet part of its energy needs for production. It is considering solar power versus wind power. After considering cost savings as well as incremental revenues from selling excess electricity into the power grid, it has determined the following. Present value of annual cash flows Initial investment Solar Wind $53.958 $130,944 $39,100 $105,600 Determine the net present value and profitability index of each project of the net present value is negative, use either a negative sign preceding the numbers-45 or parentheses es (45). Round present value answers to O decimal places, es 125 and profitability index answers to 2 decimal places, es 15.25) Solar Wind Net present value Profitability Index Which energy source should it choose? The company should choose energy source vou wind e Textbook and Media

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