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Project H requires an initial investment of $100,000 and the produces annual cash flows of $45,000 per year for each of the next 3 years.

Project H requires an initial investment of $100,000 and the produces annual cash flows of $45,000 per year for each of the next 3 years. Project T also requires an initial investment of $100,000 and produces cash flows of $30,000 in year 1, $40,000 in year 2, and $70,000 in year 3. If the discount rate is 10% and the projects are NOT mutually exclusive. Please show work

A. H and T are equally attractive

B. Both projects should be Chosen

C. Project T should be chosen

D. Project H should be chosen

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