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wild horse company is considering two different, mutually exclusive capital expenditure proposals. project A will cost $435,000, has an expected useful life of 11 years
wild horse company is considering two different, mutually exclusive capital expenditure proposals. project A will cost $435,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $74,600. Project B will cost $253,000, has a expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $45,200. A discount rate of 10% is appropriate for
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