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I5. Matt is analyzing two mutually exclusive projects of similar sire and has prepared the following data. Both projects have 5 year lives. Proimt a.

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I5. Matt is analyzing two mutually exclusive projects of similar sire and has prepared the following data. Both projects have 5 year lives. Proimt a. Net present value $15 439:?! Payback period 2.?6 years Average accounting return 9.3 percent Required return 3.3 percent Required MR 91} percent Project E 514,593 2.51 years 9.6 percent ED percent 913 percent Matt has been asked for his best recommendation given this information. His recommendation should be to accept: A. project B because it has the shortest payback period. E. both projects as they both have positive net present values. C. project A. and reject project B based on their net present values. D. project E and reject project A based on their average accounting returns. E.project El and reject project A based on both the payback period and the average accounting 112111111

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