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s. V The Bing Co. project has estimated annual net cash flows of $82000 for 5 years and is estimated to cost $259000. Assume a

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s. V The Bing Co. project has estimated annual net cash flows of $82000 for 5 years and is estimated to cost $259000. Assume a minimum acceptable rate of return of 12%. Using the present value table (Page 2), determine (A) the net present value of the project and (B) the present value of the index, rounded to Two Places. ( 16)

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