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Swifty Corporation has decided to invest in renewable energy sources to meet part of its energy needs for production. It is considering solar power versus
Swifty Corporation has decided to invest in 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. Determine the net present value and profitability index of each project. If the net present value is negative, use either a negative sign preceding the number eg or parentheses eg Round present value answers to decimal places, eg and profitability index answers to decimal places, eg Solar Net present value Profitability index Wind $
Swifty Corporation has decided to invest in 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.
Determine the net present value and profitability index of each project. If the net present value is negative, use either a negative sign
preceding the number eg or parentheses eg Round present value answers to decimal places, eg and profitability index answers
to decimal places, eg
Solar
Net present value
Profitability index
Wind
$
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