The Pantondo Paint Co. is considering 2 mutually exclusive projects with the following cash flows....
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The Pantondo Paint Co. is considering 2 mutually exclusive projects with the following cash flows. The firm's discount rate is 9% Project Year CF 0 (425,000) 1 188,000 2 339,000 Project D Year CE 0 (580,000) 1 266,000 2 184,000 3 134.000 4 148,000 Calculate the equivalent annual annuity for both projects Which project should be accepted and why
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