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Use the NPV method to determine whether McKnight Products should invest in the following projects: - Project A costs $280,000 and offers seven annual net

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Use the NPV method to determine whether McKnight Products should invest in the following projects: - Project A costs $280,000 and offers seven annual net cash inflows of $63,000. Mcknight Products requires an annual retu of 14% on projects like A. - Project B costs $395,000 and offers nine annual net cash inflows of $70,000. McKnight Products demands an annual retu of 12% on investments of this nature. (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) (Click the icon to view the future value table.) Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project? Calculate the NPV of each project. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) The NPV of Project A is inus sign for Reference Print Done Reference

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