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The capital investment committee of Cross Continent Trucking inc. is considering two investment projects. The estimated income from operations and net cash flows from each

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The capital investment committee of Cross Continent Trucking inc. is considering two investment projects. The estimated income from operations and net cash flows from each investment are as follows: Each project requires an investment of $480,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 15% for purposes of the net present value analysis. Compute the average rate of return for each investment. If required. round to one decimal place. Compute the net present value for each investment. Use tie present value of $1 table presetted above. If required, use the minus sign to indicate a negative net present value

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