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3. You have the following information on four mutually exclusive projects with an equal life: Project NPV IRR A $35,000 11% B $20,000 20% C
3. You have the following information on four mutually exclusive projects with an equal life:
Project | NPV | IRR |
A | $35,000 | 11% |
B | $20,000 | 20% |
C | $15,300 | 18% |
D | $40,000 | 15% |
Which project(s) should you choose?
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