Question Content Area There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $36,000 and is expected to generate the following...

There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $36,000 and is expected to generate the following cash flows:

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A. If the discount rate is 15%, compute the NPV of each project.Round your present value factor to three decimal places and final answer to answer to 2 decimal places.

B. Which project should be recommended.

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