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Project X is very risky and has an NPV of $3 million. Project Y is very safe and has an NPV of 2.5 million. They
Project X is very risky and has an NPV of $3 million. Project Y is very safe and has an NPV of 2.5 million. They are mutually exclusive, and project risk has been properly considered in the NPV analyses. Which project should be chosen? Explain.
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