The following table shows information on two proposed projects. Which project is most likely to win a

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The following table shows information on two proposed projects. Which project is most likely to win a funding approval?

Project A—Initial Investment:
20,000 Project B—Initial Investment:
20,000 Year Cash Outflow Cash Outflow 1 4,000 8,000 2 16,000 8,000 3 2,000 8,000 4 2,000 8,000

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