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(a)The cash flows for two projects Alpha and Beta with differing lives are provided in the table below. If the required return is 10% pa,
(a)The cash flows for two projects Alpha and Beta with differing lives are provided in the table below. If the required return is 10% pa, which projects should be selected? Why?
0
1
2
3
4
Project Alpha
(2000)
1550
1550
Project Beta
(4800)
1820
1820
1820
1820
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