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Take me to the text Harold Coop is considering investing in either ABC or ZYX. Both investments ABC and ZYX cost $17,000. In order to
Take me to the text Harold Coop is considering investing in either ABC or ZYX. Both investments ABC and ZYX cost $17,000. In order to make the purchase, Harold Coop needs to obtain a loan from the bank at an interest rate of 8%. The bank is only willing to offer Harold Coop $17,000. The following table outlines the expected net cash flows from each imvestment. Based on the NPV method, which investment should Harold Coop purchase? Do not enter dollar sians or commas in the inout bores. Use the negative sign for a negative NPV, Use the PY tables in the appendix of the textbook. Bound your answers to the nearest whole numbet. NPV of Inventment ABC: 1 NPY of Investment ZXY: 1 Better investment
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