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The cost of capital is 13.00%. a. By calculating the Net Present Value (NPV) of each investment, determine which option is better? a. Television b.

image text in transcribed The cost of capital is 13.00%. a. By calculating the Net Present Value (NPV) of each investment, determine which option is better? a. Television b. Newspaper b. By how much is the profit of the better investment greater than the other investment? Round to the nearest cent The cost of capital is 13.00%. a. By calculating the Net Present Value (NPV) of each investment, determine which option is better? a. Television b. Newspaper b. By how much is the profit of the better investment greater than the other investment? Round to the nearest cent

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