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A firm with a 14% cost of capital is evaluating two projects for this year's capital budget. The after-tax cash flows, including depreciation are as

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A firm with a 14% cost of capital is evaluating two projects for this year's capital budget. The after-tax cash flows, including depreciation are as follows i. Using all the information given, calculate the projects. a. Payback period b. NPV c. IRR From the calculation above, which project will you choose? Explain your choice

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