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Project NPV IRR A $521 10% B $762 13% Two independent projects have the above information. If the firms WACC is 8%, then which project

Project

NPV

IRR

A

$521

10%

B

$762

13%

Two independent projects have the above information. If the firms WACC is 8%, then which project (if any) should the firm select?

Project A, because it has a lower NPV and IRR

Project B, because it has a higher NPV and IRR

Both projects

Neither project

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