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A company is evaluating two possible projects with the following cash flows. Suppose that the projects are mutually exclusive. Which answer describes the correct decision

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A company is evaluating two possible projects with the following cash flows. Suppose that the projects are mutually exclusive. Which answer describes the correct decision if the firm's required rate of return is 12% ? Accept both projects Accept project 1 and reject project 2 Accept project 2 and reject project 1 Reject both projects

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