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Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 10 percent return on your investment. If you apply
Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 10 percent return on your investment. If you apply the payback criterion, you will choose investment ____. If you apply the NPV criterion, you will choose investment ____. If you apply the IRR criterion, you will choose investment ____. If you choose the profitability index criterion, you will choose investment ____. Based on your first four answers, which project will you finally choose? A, A, A, A, A A, B, A, A, A B, A, A, A, A A, B, B, B, B B, B, B, B
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