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3. Consider the following two mutually exclusive projects: Whichever project you choose, you require 13% return on your investment. a. Calculate the discounted payback period,
3. Consider the following two mutually exclusive projects: Whichever project you choose, you require 13% return on your investment. a. Calculate the discounted payback period, which project will you choose? b. Calculate the net present value, which project will you choose? c. Calculate the internal rate of return, which project will you choose? d. Based on (a) until (d), which project will you choose? Why
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