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Lebron has analysed two mutually exclusive projects that have 3 - year lives. Project A has an NPV of $ 8 3 , 4 0
Lebron has analysed two mutually exclusive projects that have year lives. Project A has an NPV of $ a payback period of years, and an ARR of per cent. Project B has an NPV of $ a payback period of years, and an ARR of per cent. The required return for Project A is per cent while it is per cent for Project B Both projects have a required ARR of per cent. Lebron must make a recommendation and justify it in words or less. What should his recommendation be
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