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Hi, can someone explain why you would accept project a if its k is between 10.064 and 15.96 and same for project B? I understand

Hi, can someone explain why you would accept project a if its k is between 10.064 and 15.96 and same for project B? I understand how to get the answer but dont understand the logic between accepting and rejecting

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Step 3: Conclusion [3 Points - 1.5 Points per conclusion] Accept project A if "k" is between 10.064% and 15.86%. Accept project B if "k" is between 0% and 10.064%.l Summer 1 2018, Q2 Long (9 points) The following cash flows are estimated for two mutually exclusive projects: iject A Project B Year Cash Flow Cash Flow 0 4.100000 0100000 1 60,000 30,000 2 40,000 40,000 3 20,000 20,000 4 10,000 50,000 You have also estimated that the IRR of project A is 15.86% and the IRR of project B is 14.1%. The payback period of Project A is 2 years, while the payback period of project B is 3.2 years. When is Project B more lucrative than Project A? That is, over what range of discount rate (k) does Project B have a higher NPV than Project A

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