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Below are the net cash flows for two mutually exclusive projects Alpha and Beta. If the required return is 12% pa, which project/s should be

Below are the net cash flows for two mutually exclusive projects Alpha and Beta. If the required return is12%pa, which project/s should be selected, assuming the projects can be repeated? Explain your choice.

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0 2 3 4 Project Alpha (2000) 1600 1600 Project Beta (4800) 1700 1700 1700 1700

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