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Get a hint consider the following projects, X and Y that are mutually exclusive. Project X costs $600 and has cash flows of 400 in

Get a hint consider the following projects, X and Y that are mutually exclusive. Project X costs $600 and has cash flows of 400 in each of the next 2 years. Project Y also costs 600, and generates cash flows in 500 and 275 in the next 2 years, respectively. which investment should the firm choose if the cost of capital is 25% and the firm is not subject to capital rationing

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