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Exercise 24-10(Algo) Net present value, unequal cash flows, and profitability index LO P3 ...

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Accounting

Exercise 24-10(Algo) Net present value, unequal cash flows, and profitability index LO P3
Following is information on two alternative Investment projects belng considered by Tiger Company. The company requires a 5% return from its Investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use approprlate factor(s) from the tables provided.)
\table[[,,Project X1,Project X2],[\table[[Initial investment],[Net cash flows in:]],,$(82,000),$(124,000)
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