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18. Two projects each would cost $30,000 with no salvage value. Which would you prefer, assuming that your discount rate is 8 percent? Project A

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18. Two projects each would cost $30,000 with no salvage value. Which would you prefer, assuming that your discount rate is 8 percent? Project A which generates cash flow of $10,000 annually for 4 years, or Project B which generates cash flow of $8,600 annually for 5 years

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