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internal rates of retum for three altemative investment projects follow, Each project has a five-year life. The company requires a 9% rate of return on
internal rates of retum for three altemative investment projects follow, Each project has a five-year life. The company requires a 9% rate of return on its investments. (a) Which project(s) will the company accept on the basis of internal rate of return? (b) If the company can choose only one project, which will it choose
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