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5. You are considering two mutually exclusive projects, (A and B). The initial cash outlay associated with project A is $50,000 and the initial cash

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5. You are considering two mutually exclusive projects, (A and B). The initial cash outlay associated with project A is $50,000 and the initial cash outlay associated with project B is $70,000. The discount rate both projects is 9 percent."The expected annual cash flows from each project are as follows: wed on End of Year Project Project A $(50,000 $(70,000 16,000 16,000 17,000 0 12,000 12,000 2 3 4 12,000 12,000 12,000 12,000 17,000 17,000 17,000 5 6 Which (if any) should be accepted

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