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Calculating payback and NPV- eGolf, Incorporated, has the following mutually exclusive projects. Project A- (year 0; -$10,500), (year 1; $6000), (year 2; $5000), and (year

Calculating payback and NPV- eGolf, Incorporated, has the following mutually exclusive projects. Project A- (year 0; -$10,500), (year 1; $6000), (year 2; $5000), and (year 3; $1500). Project B- (year 0; $8400), (year 1; $4300), (year 2; $3900), and (year 3; $3600). b. Suppose eGolf uses the NPV rule to rank these two projects. Which project should be chosen if the appropriate discount rate is 15%

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