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project evaluation below is the information of two mutually exclusive projects, what project should be accepted? Explain your reason Project Pearl Project Diamond Initial outlay
project evaluation
below is the information of two mutually exclusive projects, what project should be accepted? Explain your reason
| Project Pearl | Project Diamond |
Initial outlay | $12,000 | $3,200 |
Life | 10 years | 4 years |
NV | $2,200 | $800 |
PI | 1.18 | 1.25 |
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