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. Use the NPV to decide which of the two projects Vita Nova should accept for Fall 2020 if the projects are independent: Years Project

. Use the NPV to decide which of the two projects Vita Nova should accept for Fall 2020 if the projects are independent:

Years Project 1 Project 2

0 -$7,300 -$4,390

1 $3,940 $2,170

2 $3,450 $2,210

3 $2,480 $1,730

Assume the required rate of return is 15%.

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