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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

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 Answer 1Choose...Accept or Decline

Project Beta Answer 2Choose...Accept or Decline

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