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using the formula approach please, with all details. thanks ! Farmer Co. is considering Projects Sand L whose cash flows are shown below. These projects

using the formula approach please, with all details. thanks !
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Farmer Co. is considering Projects Sand L whose cash flows are shown below. These projects are musly exclusive, risky and repeatable. Please use the replacement chain approach to compare the two projects and make your capital budgetting recommendation. Please use the formulacroach to solve this problem 10.25% 0 Year 1 2 3 - $950 5500 5800 CFS CFL -$2.100 $400 5800 $800 $1.000

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