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Project A has an internal rate of return (IRR) of 15 percent. Project B has an IRR of 14 percent. Both projects have a required

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Project A has an internal rate of return (IRR) of 15 percent. Project B has an IRR of 14 percent. Both projects have a required return of 12 percent. Which of the following statements is most correct? (Assume the projects are not mutually exclusive) O A. Both projects have a negative net present value (NPV). B. Both projects should be accepted because the IRR is greater than the required retum. O cif the required return were less than 12 percent Project B would have a higher IRR than Project A OD. Both projects should be rejected, Reset Selection

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