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Bramble Company is considering two new projects, each requiring an equipment investment of $97,900. Each...

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Accounting

Bramble Company is considering two new projects, each requiring an equipment investment of $97,900. Each project will last for
three years and produce the following cash flows:
The equipment will have no salvage value at the end of its three-year life. Bramble Company uses straight-line depreciation and
requires a minimum rate of return of 12%.
Present value data are as follows:
question 2. compute the profitbility indiex of each project. Project cool and hot.
Question 3. which project should be selected?
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