10.14 A firm uses a discount rate of 12% for all its investment projects. Faced with the...

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10.14 A firm uses a discount rate of 12% for all its investment projects. Faced with the following choice of projects, which yields the higher NPV? Project Outlay Income stream 123456 A 5600 1000 1400 1500 2100 1450 700 B 6000 800 1400 1750 2500 1925 1200

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