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If project A has an NPV of 15,000 and an IRR of 12% and Project B has an NPV of 10,000 and an IRR of
If project A has an NPV of 15,000 and an IRR of 12% and Project B has an NPV of 10,000 and an IRR of 20%, an investor making a mutually exclusive decision would choose which of the projects?
a. Project A
b. Project B
c. Both projects
d. Neither project
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