Project 1 requires an original investment of $52,000. The project will yield cash flows of...
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Project 1 requires an original investment of $52,000. The project will yield cash flows of $10,000 per year for 10 years. Project 2 has a calculated net present value of $12,100 over a eight-year life. Project 1 could be sold at the end of eight years for a price of $38,000. Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown below. Present Value of
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