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Aberdeen Co. is analyzing two mutually exclusive projects X and Z with the following cash flows Year Project X Cash Flow Project Z Cash Flow
Aberdeen Co. is analyzing two mutually exclusive projects X and Z with the following cash flows Year Project X Cash Flow Project Z Cash Flow Aberdeen's cost of capital is 8.75%. Which of the following statements is correct?
a. I, II, and III are all correct
b. Both II and III are correct
c. Only I is correct
d. Only II is correct
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