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Spencer Enterprises is attempting to choose among a series of new investment alternatives. The potential inventment alternatives, the net present value of the fo capital

Spencer Enterprises is attempting to choose among a series of new investment alternatives. The potential inventment alternatives, the net present value of the fo capital requirements, and the available capital funds over the next three years are summarized as follows:t alternatives. The potential investment alternatives, the net present value of the future stream of returns, the 5 are summarized as follows: et present value. \[ x_{4}+x_{5}+\]

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