Healthcare Innovations LLC is considering two healthcare projects. The company's required rate of return is 11%....
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Healthcare Innovations LLC is considering two healthcare projects. The company's required rate of return is 11%. Use appropriate factors from the tables provided.
- Project Health1: Initial Investment: $400,000; Year 1: $140,000; Year 2: $160,000; Year 3: $180,000; Year 4: $80,000
- Project Health2: Initial Investment: $450,000; Year 1: $160,000; Year 2: $180,000; Year 3: $200,000; Year 4: $100,000
- a. Calculate the payback period for each project. Based on the payback period, which project is preferred?
- b. Calculate the net present value for each project. Based on the net present value, which project is preferred?
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