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Comparing capital budgeting tools: Capital budgeting analysis of mutually exclusive projects A and B yields the following. What project should management choose? Explain why. Project
Comparing capital budgeting tools: Capital budgeting analysis of mutually exclusive projects A and B yields the following. What project should management choose? Explain why.
Project A | Project B | ||
IRR | 19.00% | 24.00% | |
NPV | $385,000 | $350,000 | |
Payback Period | 2.8 years | 2.2 years | |
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