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Project A has a required return on 9.2 percent and cash flows of $87,000, $32,600, $35,900, and $43,400 for Years 0 to 3, respectively. Project

Project A has a required return on 9.2 percent and cash flows of $87,000, $32,600, $35,900, and $43,400 for Years 0 to 3, respectively. Project B has a required return of 12.7 percent and cash flows of $85,000, $14,700, $21,200, and $89,800 for Years 0 to 3, respectively. Which project(s) should you accept based on net present value if the projects are mutually exclusive?

A. Accept either one, but not both

B. Reject Project A and accept Project B

C. Reject both projects

D. Accept Project A and reject

E. Project B Accept both projects

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