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Q5Using the informationbelow which project would you select and why? Project 4603A Project 4703A Net present value(discounted at 15%) 1,170 pounds 1,463 pounds Internal rate

Q5Using the informationbelow which project would you select and why?

Project 4603A Project 4703A

Net present value(discounted at 15%) 1,170 pounds 1,463 pounds

Internal rate of return 6% 5%

payback period(months) 20 26

accounting rate of return 3% 4%

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