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2 8 ) Consider the following projects, X and Y where the firm can only choose one. Project X costs $ 6 0 0 and
Consider the following projects, X and Y where the firm can only choose one. Project X costs $ and has cash flows of $ in each of the next years. Project B also costs $ and generates cash flows of $ and $ for the next years, respectively. Which investment should the firm choose if the cost of capital is percent?
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