- /1 E *** Question 4 of 10 Current Attempt in Progress Marigold Company is considering two new projects, each requiring an equipment investment of $98,600. Each project will last for three years and produce the following cash flows: Year Cool $38,800 1 Hot $42,800 42,800 2 43,800 3 48,800 42,800 131,400 $128.400 The equipment will have no salvage value at the end of its three-year life. Marigold Company uses straight-line depreciation and requires a minimum rate of return of 12%. Present value data are as follows: Question 4 of 10 - / 1 III .. Present value data are as follows: Present Value of 1 Period 12% 0.89286 1 2 0.79719 0.71178 3 Present Value of an Annuity of 1 Period 12% 1 0.89286 2 1.69005 Question 4 of 10