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A firm is considering two projects of which it can only choose one. Project A has a net present value (NPV) of $1.7 million and
A firm is considering two projects of which it can only choose one. Project A has a net present value (NPV) of $1.7 million and an internal rate of return (IRR) of 15%. Project B has a net present value (NPV) of $1.9 million and an internal rate of return (IRR) of 14%. Which project should the firm choose
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