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Aurora Enterprises is evaluating two projects with duration of 4 years each. Both projects have an initial investment of $200,000 each. The required rate of

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Aurora Enterprises is evaluating two projects with duration of 4 years each. Both projects have an initial investment of $200,000 each. The required rate of return is 7%. The cash flows (net of expenses) are as follows: Using TVM, which project is more profitable

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