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A project has estimated annual net cash flows of $13,750 for two years and is...

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A project has estimated annual net cash flows of $13,750 for two years and is estimated to cost $30,000. Assume a minimum acceptable rate of return of 20%. Use the Present Value of an Annuity of $1 at Compound Interest table below. Dracant Val.noofanAnnuiturof41atComnoundTentaract Determine (a) the net present value of the project and (b) the present value index. If required, use the minus sign to indicate a negative net present value. Net present value of the project (round to the nearest dollar) Present value index (rounded to two decimal places) X X

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