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Lakelord Company is considering two mutually exclusive projects, A and B . Project A costs $ 8 8 7 4 0 and is expected to
Lakelord Company is considering two mutually exclusive projects, A and B Project A costs $ and is expected to generate $ in year one and $ in year two. Project B costs $ and is expected to generate $ in year one, $ in year two, $ in year three, and $ in year four. The firm's required rate of return for these projects is The net present value for Project B is
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