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Rocco Manufacturing is considering following two investment proposals: Investment Proposal X $722,000 Useful life 5 years Proposal Y $508,000 4 years Estimated annual net
Rocco Manufacturing is considering following two investment proposals: Investment Proposal X $722,000 Useful life 5 years Proposal Y $508,000 4 years Estimated annual net cash inflows received at the end of each year $168,000 $102,000 O Residual value $56,000 $0 Depreciation method Straight-line Straight-line Annual discount rate 10% 9% 0 Compute the present value of the future cash inflows from Proposal X. Present value of an ordinary annuity of $1: 8% 9% 10% O 123 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 0 AA 50F Mostly clear Search hp
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