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Compare the PI and NPV rankings of the following two projects. Which project would you prefer? Why Problem 3 Compare the Pl and NPV rankings

Compare the PI and NPV rankings of the following two projects. Which project would you prefer? Why

Problem 3 Compare the Pl and NPV rankings of the following two projects. Which project would you prefer? Why? ProectX Proect Y Initial Investment 540,000 10,000 NPV $8,000 5,000

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