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Business, 30.03.2020 19:10 kingnatsu579

A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows. If the company is employing the net present value criterion, which project should they choose? $15,000 in year 1; $15,000 in year 2; $15,000 in year 3; and $15,000 in year 4 $25,000 in year 1; $15,000 in year 2; $10,000 in year 3; and $5,000 in year 4 $5,000 in year 1; $5,000 in year 2; $25,000 in year 3; and $25,000 in year 4 $5,000 in year 1; $5,000 in year 2; $20,000 in year 3; and $30,000 in year 4

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