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If two projects are mutually exclusive with equal lives choose the one with ______. a. the highest IRR assuming it is greater than the cost
If two projects are mutually exclusive with equal lives choose the one with ______.
a. the highest IRR assuming it is greater than the cost of capital
b. the highest NPV assuming it is positive
c. the highest PI assuming it is greater than 1
d. the shortest payback period
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