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Michael Ltd had a cost of capital of 12%. It is considering two projects. Project Alpha generates an NPV of 50,000 and had an IRR

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Michael Ltd had a cost of capital of 12%. It is considering two projects. Project Alpha generates an NPV of 50,000 and had an IRR of 11%. Project Beta generates 45,000 and has an IRR of 17%. What should the company do? Project Alpha Choose... Project Beta Choose

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