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Project A Project B Net present value $14,693 $15,090 Payback period 2.76 years 3.51 years Required return(IRR) 8.30% 8.00% Which project is better to choose

Project A Project B

Net present value $14,693 $15,090

Payback period 2.76 years 3.51 years

Required return(IRR) 8.30% 8.00%

Which project is better to choose based off of the NPV?

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