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Use the NPV method to determine whether Salon Products should invest in the following projects: Project A costs $265,000 and offers seven annual net cash
Use the NPV method to determine whether Salon Products should invest in the following projects: Project A costs $265,000 and offers seven annual net cash inflows of $62,000. Salon Products requires an annual return of 18% on projects like A. Project B costs $375,000 and offers nine annual net cash inflows of $71,000. Salon Products demands an annual return of 10% on investments of this nature
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