Question: Net present value: Champlain Corp. management is investi.gating two computer systems. The Alpha 8 3 0 0 costs $ 3 , 1 2 2 ,

Net present value: Champlain Corp. management is investi.gating two computer systems. The Alpha 8300 costs $3,122,300 andwill generate cost savings of $1,345,500 in each of the next five yearsThe Beta 2100 system costs $3,750,000 and will produce cost savingsof $1,125,000 each year in the first three years and then $2 millioneach year for the next two years. If the company's discount rate forsimilar projects is 14 percent, what is the NPV of each system? Whichone should be chosen based on the NPy?

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