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Intemal rates of return for three alternative investment projects follow. Each project has a five-year life. The company requires a 13% rate of return on

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Intemal rates of return for three alternative investment projects follow. Each project has a five-year life. The company requires a 13% rate of return on its investments. (a) Which project(s) will the company accept on the basis of internal rate of retum? (b) If the company can choose only one project, which will it choose

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