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Project A requires an immediate investment of? $8000 and another? $6000 in three years
Project A requires an immediate investment of? $8000 and another? $6000 in three years. Net returns are? $4000 after two? years, ?$12,000 after four? years, and? $8000 after six years. Project B requires an immediate investment of? $4000, another? $6000 after two? years, and? $4000 after four years. Net returns are? $3400 per year for seven years. Determine the net present value at? 10%. Which project is preferable according to the net present value? criterion?
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