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Your company has extra cash which it would like to use to invest into something new and profitable. There are two independent projects under consideration.

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Your company has extra cash which it would like to use to invest into something new and profitable. There are two independent projects under consideration. Project #1 will require an initial investment of $555, and the present value of all of its future estimated profits is $530. Project #2 will require an initial investment of $530, and the present value of all of its future estimated profits is $560. Based on this information, answer the following questions. (Do NOT type the "$" signs, and round your answers to whole dollars. Where applicable, don't forget the minus signs!) (a) For Project #1, the Net Present Value equals $ (b) For Project #2, the Net Present Value equals $ (c) Based on the Net Present Values, your company should Project #1 and Project #2. (In each field, type accept or reject.)

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