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. Consider the following two projects: A has a three-year life after the initial investment, and B has a four-year life. The cost of capital

. Consider the following two projects: A has a three-year life after the initial investment, and B has a four-year life. The cost of capital is 15%. 0 1 2 3 4 A -100 40 50 60 N/A .15 B -73 30 30 30 ...

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