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Two of your regional managers came up with two small projects to save costs of office supplies at their own offices. The project proposed

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Two of your regional managers came up with two small projects to save costs of office supplies at their own offices. The project proposed by manager A needs a cost of $7,982 and it will bring a cash flow of $2,990 a year. The project proposed by manager B needs a cost of $7,955 and it will bring a cash flow of $2,945 a year. Both projects will have a life time of 3 years. The opportunity cost of capital is 7.1% per year. Find the total NPVS of all the proposed projects that your company should adopt. [Hints/Example]

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