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Business, 29.10.2019 00:31 kingoftime

You are considering two mutually exclusive projects. both projects have an initial cost of $52,000. project a produces cash inflows of $25,300, $37,100, and $22,000 for years 1 through 3, respectively. project b produces cash inflows of $43,600, $19,800 and $10,400 for years 1 through 3, respectively. the required rate of return is 14.2 percent for project a and 13.9 percent for project b. which project should you accept and why?

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