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Voughn Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $508000, has an expected useful life of 14 years and

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Voughn Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $508000, has an expected useful life of 14 years and a salvage value of zero, and is expected to increase net annual cash fiows by $72.000. Project 8 will cost $308,000, has an expected useful life of 14 years and a salvage value of zero, and is expected to increase net annual canh flows by $46,000. A discount rate of 9 S is appropriate for both projects. Click here to view the factor table. Calculate the net present value and praftabilitylindex of each groject. (If the net present value is negative, use either a negative sign preceding the number e.y. 45 or parentheses e.8. (45), Round preient value answers to 0 decimal places, es. 125 and profitability index answers to 2 decimal places, es. 15.52. For calculation purposes, use 5 decimal places as displayed ia the foctor fable provided, es. 1.25124.) Which project should be accepted based on net present value

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