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Assume Boeing Co. has the following mutually exclusive investments. Project A has an NPV of $2.4 million and an IRR of 9.1%, and Project B

Assume Boeing Co. has the following mutually exclusive investments. Project A has an NPV of $2.4 million and an IRR of 9.1%, and Project B has an NPV of $3.9 million and an IRR of 2.9%. If the discount rate available in the market is 5%, which project should Boeing Co. take?

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Project B.

Project A.

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Both projects.

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